Legal Opinion

Flynn v. Bass Bros. Enterprises, Inc.

District Court, E.D. Pennsylvania

Decided September 8, 1978No. Civ. A. 76-1948PublishedCited by 10 opinions

1Opinion of the Court

OPINION

LUONGO, District Judge.

Plaintiffs in this securities class action contend that a tender offer and a subsequent merger, both effected by defendant Bass Brothers Enterprises, Inc., violated federal securities law and Delaware corporation law. In particular, plaintiffs urge that these activities violated sections 10(b) and 14(e) of the Securities Exchange Act of 1934,15 U.S.C. §§ 78j(b), 78n(e) (1976), Rule 10b-5, 17 C.F.R. § 240.10b-5 (1977), and Delaware common law. Jurisdiction is conferred by 15 U.S.C. § 78aa (1976) and by the doctrine of pendent jurisdiction. Plaintiffs seek partial…

2Cases cited22 opinions

  1. Hanna v. PlumerSupreme Court of the United States · 1965
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Piper v. Chris-Craft Industries, Inc.Supreme Court of the United States · 1977
  4. Fed. Sec. L. Rep. P 94,405 Joe L. Smallwood v. Pearl Brewing Company, Southdown, Inc., Zapata Norness, Inc., Albert J. Rangeand D. Doyle MizeCourt of Appeals for the Fifth Circuit · 1974
  5. Electronic Specialty Co. v. International Controls Corp.Court of Appeals for the Second Circuit · 1969

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3Cited by10 opinions

  1. Michael E. Moss v. Morgan Stanley Inc., E. Jacques Courtois, Jr., Adrian Antoniu, and James M. Newman, Morgan Stanley Inc. And James M. NewmanCourt of Appeals for the Second Circuit · 1983
  2. Fed. Sec. L. Rep. P 96,877 Seaboard World Airlines, Inc. v. Tiger International, Inc.Court of Appeals for the Second Circuit · 1979
  3. Jon Sugarman v. Leonard Sugarman and Statler Industries, Inc.Court of Appeals for the First Circuit · 1986
  4. Flynn v. Bass Brothers Enterprises, Inc.Court of Appeals for the Third Circuit · 1984
  5. Riggs Nat. Bank of Washington DC v. AllbrittonDistrict Court, District of Columbia · 1981

5 more not listed; retrieve them via the Exa API.

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