Legal Opinion
Frankel v. Slotkin
Court of Appeals for the Second Circuit
Decided January 25, 1993No. 499, Docket 92-7678PublishedCited by 11 opinions
1Opinion of the Court
HEANEY, Senior Circuit Judge:
Eli Frankel, a minority shareholder of United Brands Company (UB), brought a shareholder derivative suit on behalf of UB against the directors of UB and two other corporations, alleging securities fraud under both federal and state law. The district court dismissed two of Frankel’s claims prior to discovery and granted summary judgment to the defendants on the others following discovery. We affirm, but for reasons other than those advanced by the district court.
I. BACKGROUND
A. The Facts
On March 8, 1985, UB publicly announced a twenty-day lowering of the conversion…
2Cases cited20 opinions
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Perry O. Hooper, as Trustee in Bankruptcy of Consolidated American Industries, Inc. v. Mountain States Securities CorporationCourt of Appeals for the Fifth Circuit · 1960
- Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
- Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
- Goldberg v. MeridorCourt of Appeals for the Second Circuit · 1977
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3Cited by11 opinions
- Patricia SHUMWAY, Plaintiff-Appellant, v. UNITED PARCEL SERVICE, INC., Defendant-AppelleeCourt of Appeals for the Second Circuit · 1997
- May v. CoffeySupreme Court of Connecticut · 2009
- Hill v. Vanderbilt Capital Advisors, LLCDistrict Court, D. New Mexico · 2011
- In Re Stat-Tech Securities LitigationDistrict Court, D. Colorado · 1995
- Nardoni v. City of N.Y.District Court, S.D. Illinois · 2018
6 more not listed; retrieve them via the Exa API.