John F. Pidcock v. Sunnyland America, Inc.
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
VANCE, Circuit Judge:
A fraudulent purchaser escaped 10b-5 liability in the district court on the ground that the plaintiff had failed to prove loss causation. We reverse.
I
Appellant John Pidcock and L.B. “Dude” Harvard, Sr. each owned fifty percent of Sunnyland America, Inc., a holding company for the ownership and operation of several meat packing plants. Dude Harvard served as president of the corporation and was actively involved in the daily operations of the meat packing companies. Pid-cock served as chairman of the board, and although he attended the quarterly board meetings regularly he…
2Cases cited25 opinions
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Myzel v. FieldsCourt of Appeals for the Eighth Circuit · 1967
- Randall v. LoftsgaardenSupreme Court of the United States · 1986
- John B. Janigan v. Frederick B. TaylorCourt of Appeals for the First Circuit · 1965
- Leeke v. GordonSupreme Court of the United States · 1978
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3Cited by16 opinions
- Litton Industries, Inc. v. Lehman Bros. Kuhn Loeb Inc.District Court, S.D. New York · 1990
- Lawton v. NymanCourt of Appeals for the First Circuit · 2003
- Miga v. JensenCourt of Appeals of Texas · 2000
- Estate of Pidcock v. Sunnyland America, Inc.District Court, S.D. Georgia · 1989
- Newby v. Enron Corp.District Court, S.D. Texas · 2002
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