Legal Opinion

National Bank of Detroit v. Whitehead & Kales Co.

District Court, E.D. Michigan

Decided December 22, 1981No. Civ. A. 79-72531PublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

ANNA DIGGS TAYLOR, District Judge.

Plaintiffs filed their complaint in this matter on July 2, 1979, alleging defendants’ violations of § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and of Rule 10(b)(5) of the Rules of the United States Securities and Exchange Commission, 17 CFR ¶ 240.10b-5, in the execution and implementation of a Stock Purchase and Option Agreement and subsequent transactions. Plaintiffs also claim the “control person” liability to them of certain individual defendants under § 20(a) of the Securities Exchange Act of 1934, 15…

2Cases cited16 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. Rochez Brothers, Inc., a Pennsylvania Corporation v. Charles R. RhoadesCourt of Appeals for the Third Circuit · 1975
  3. Walter J. Kohler v. Kohler Co., a Corporation, Herbert v. Kohler, Ernst & Ernst, a Partnership, and Paul F. JohnsonCourt of Appeals for the Seventh Circuit · 1963
  4. Fed. Sec. L. Rep. P 94,357 Bertha Arber and Ann Arber Broek, Cross-Appellees v. Essex Wire Corporation and Walter F. Probst, Cross-AppellantsCourt of Appeals for the Sixth Circuit · 1974
  5. Ned McDaniel Mary E. McDaniel and Robert A. Collier v. R. D. Painter, Dale Painter and Rhodes DanehowerCourt of Appeals for the Tenth Circuit · 1969

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3Cited by6 opinions

  1. Becherer v. Merrill Lynch, Pierce, Fenner & Smith, Inc.District Court, E.D. Michigan · 1992
  2. Cleveland-Cliffs Iron Co. v. Chicago & North Western Transportation Co.District Court, W.D. Michigan · 1984
  3. Broadview Financial, Inc. v. Entech Management Services Corp.District Court, D. Colorado · 1994
  4. Schick v. SteigerDistrict Court, E.D. Michigan · 1984
  5. Bruce C. Greening v. Litton Industrial Automation Systems, Inc.Court of Appeals for the Sixth Circuit · 1995

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