Legal Opinion
WHX Corp. v. Securities & Exchange Commission
Court of Appeals for the D.C. Circuit
Decided April 9, 2004No. 03-1196PublishedCited by 14 opinions
1Opinion of the Court
Opinion for the Court filed by Senior Circuit Judge WILLIAMS.
STEPHEN F. WILLIAMS, Senior Circuit Judge:
The Securities and Exchange Commission found that WHX Corporation violated the All Holders Rule, SEC Rule 14d-10(a)(1), 17.C.F.R. § 240.14d-10(a)(i), and issued a cease-and-desist order prohibiting the company from committing or causing any future violations of that Rule. WHX petitioned for review. We find that the SEC’s decision to issue a cease-and-desist order was arbitrary and capricious, and therefore vacate the order.
In March 1997 WHX decided to attempt a hostile takeover of Dynamics…
2Cases cited8 opinions
- Christensen v. Harris CountySupreme Court of the United States · 2000
- Bowles v. Seminole Rock & Sand Co.Supreme Court of the United States · 1945
- Thomas Jefferson University v. ShalalaSupreme Court of the United States · 1994
- Edgar v. Mite Corp.Supreme Court of the United States · 1982
- General Electric Company v. United States Environmental Protection AgencyCourt of Appeals for the D.C. Circuit · 1995
3 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Richman v. Goldman Sachs Group, Inc.District Court, S.D. New York · 2012
- Monetta Financial Services, Inc. And Robert S. Bacarella v. Securities and Exchange CommissionCourt of Appeals for the Seventh Circuit · 2004
- Seghers v. Securities & Exchange CommissionCourt of Appeals for the D.C. Circuit · 2008
- Altman v. Securities & Exchange CommissionCourt of Appeals for the D.C. Circuit · 2011
- Doe v. Mamsi Life and Health Ins. Co.District Court, District of Columbia · 2007
9 more not listed; retrieve them via the Exa API.