Legal Opinion

Securities and Exchange Commission v. Anthony Materia

Court of Appeals for the Second Circuit

Decided October 1, 1984No. 66, Docket 84-6043PublishedCited by 93 opinions

1Opinion of the Court

IRVING R. KAUFMAN, Circuit Judge.

Our era aptly has been styled, and well may be remembered as, the “age of information.” Francis Bacon recognized nearly 400 years ago that “knowledge is power,” but only in the last generation has it risen to the equivalent of the coin of the realm. Nowhere is this commodity more valuable or volatile than in the world of high finance, where facts worth fortunes while secret may be rendered worthless once revealed.

At a certain point, amorphous data must toe translated into the written word. In the financial field, this transmogrification requires masses of…

2Cases cited12 opinions

  1. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  2. J. I. Case Co. v. BorakSupreme Court of the United States · 1964
  3. Chiarella v. United StatesSupreme Court of the United States · 1980
  4. Mitchell v. Robert DeMario Jewelry, Inc.Supreme Court of the United States · 1960
  5. Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972

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3Cited by93 opinions

  1. United States v. O'HaganSupreme Court of the United States · 1997
  2. Securities and Exchange Commission v. First City Financial Corporation, Ltd.Court of Appeals for the First Circuit · 1989
  3. George Semerenko v. Cendant Corp. Walter A. Forbes E. Kirk Shelton Cosmo Corigliano Christopher K. McLeod Ernst & Young LLP George Semerenko, Individually and on Behalf of All Others Similarly Situated, P. Schoenfeld Asset Management Llc, on Behalf of Itself and All Others Similarly Situated v. Cendant Corp. Walter A. Forbes E. Kirk Shelton Cosmo Corigliano Christopher K. McLeod Ernst & Young LLPCourt of Appeals for the Third Circuit · 2000
  4. United States v. Robert ChestmanCourt of Appeals for the Second Circuit · 1991
  5. Securities and Exchange Commission v. Danny O. Cherif, and Khaled Sanchou, NominalCourt of Appeals for the Seventh Circuit · 1991

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