Legal Opinion
Credit Suisse Securities (Usa) LLC v. Simmonds
Supreme Court of the United States
Decided March 26, 2012No. 10-1261PublishedCited by 148 opinions
1Opinion of the CourtJustice Scalia
We consider whether the 2-year period to file suit against a corporate insider under § 16(b) of the Securities Exchange Act of 1934, 15 U. S. C. § 78p(b), begins to run only upon the insider’s filing of the disclosure statement required by § 16(a) of the Act, § 78p(a).
I
Under § 16(b) of the Exchange Act, 48 Stat. 896, as amended, a corporation or security holder of that corporation may bring suit against the officers, directors, and certain beneficial owners 1 of the corporation who realize any profits from the purchase and sale, or sale and purchase, of the corporation’s securities within any…
2Cases cited15 opinions
- Pace v. DiGuglielmoSupreme Court of the United States · 2005
- American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Bailey v. GloverSupreme Court of the United States · 1875
- John R. Sand & Gravel Co. v. United StatesSupreme Court of the United States · 2008
10 more not listed; retrieve them via the Exa API.
3Cited by148 opinions
- Rotkiske v. KlemmSupreme Court of the United States · 2019
- ASARCO, LLC v. Union Pacific RailroadCourt of Appeals for the Ninth Circuit · 2014
- Kwai Wong v. David BeebeCourt of Appeals for the Ninth Circuit · 2013
- Gibbons v. MaloneCourt of Appeals for the Second Circuit · 2013
- Police & Fire Retirement System v. IndyMac MBS, Inc.Court of Appeals for the Second Circuit · 2013
143 more not listed; retrieve them via the Exa API.