Myron R. Stahl v. Gibraltar Financial Corporation
Court of Appeals for the Ninth Circuit
1Opinion of the Court
KOZINSKI, Circuit Judge.
We consider whether a shareholder who receives false or misleading proxy statements must actually have cast his vote in reliance on them as a condition for bringing suit under section 14(a) of the Securities Exchange Act of 1934 and SEC Rule 14a-9.
Facts
Myron Stahl owned stock in Gibraltar Financial Corporation; he received an invitation to the company’s 1987 annual meeting together with a proxy statement soliciting votes on several proposals for those shareholders unable to attend. One of these was a proposed amendment to the company’s certificate of incorporation,…
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- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991
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