Nutis v. Penn Merchandising Corp.
District Court, E.D. Pennsylvania
1Opinion of the Court
OPINION
LUONGO, Chief Judge.
Plaintiffs in this action are minority shareholders in Penn Merchandising Corporation (“Old Penn”). Plaintiffs’ complaint alleges that various officers, directors and controlling shareholders of Old Penn violated federal securities laws in executing a plan to eliminate minority shareholders at an inadequate price. The complaint also charges violations of the Racketeer Influenced and Corrupt Organizations Act (RICO), 18 U.S.C. §§ 1961-1968, and of state law. Presently before me is defendants’ motion to dismiss or, in the alternative, for summary judgment. For the…
2Cases cited44 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
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3Cited by13 opinions
- Pell v. WeinsteinDistrict Court, M.D. Pennsylvania · 1991
- Helman v. Murry's Steaks, Inc.District Court, D. Delaware · 1990
- Bischoff v. GK Scott & Co., Inc.District Court, E.D. New York · 1986
- Bardsley v. Powell, Trachtman, Logan, Carrle & Bowman, P.C.District Court, E.D. Pennsylvania · 1996
- Metropolitan International, Inc. v. Alco Standard Corp.District Court, M.D. Pennsylvania · 1986
8 more not listed; retrieve them via the Exa API.