Legal Opinion
Walter T. Walker, III v. Action Industries, Inc. Amos Comay Sholom D. Comay Ernest S. Berez
Court of Appeals for the Fourth Circuit
Decided October 1, 1986No. 85-1407PublishedCited by 45 opinions
1Opinion of the Court
ERVIN, Circuit Judge:
Walter T. Walker, III, appeals the jury verdict against him on his claim for violations of § 10(b) 1 of the Securities Exchange Act of 1934 and SEC rule 10b-5 2 based on , alleged material omissions in a tender offer statement and press release issued by Action Industries, Inc. (Action). Walker also appeals the district court’s directed verdict on his state law claim against certain directors of Action for breach of fiduciary duty, the court’s denial of his motion for class certification, various evidentiary rulings and allegedly prejudicial comments by the trial judge.…
2Cases cited22 opinions
- Link v. Wabash RailroadSupreme Court of the United States · 1962
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
- Owens v. Aetna Life & Casualty Co.Supreme Court of the United States · 1981
- Gustave Gerstle, (Cross-Appellants) v. Gamble-Skogmo, Inc., (Cross-Appellee)Court of Appeals for the Second Circuit · 1973
17 more not listed; retrieve them via the Exa API.
3Cited by45 opinions
- Craftmatic Securities Litigation v. KraftsowCourt of Appeals for the Third Circuit · 1989
- Wielgos v. Commonwealth Edison Co.Court of Appeals for the Seventh Circuit · 1989
- In Re Craftmatic Securities LitigationCourt of Appeals for the Third Circuit · 1990
- Walter v. Holiday Inns, Inc.Court of Appeals for the Third Circuit · 1993
- Hillson Partners Ltd. Partnership v. Adage, Inc.Court of Appeals for the Fourth Circuit · 1994
40 more not listed; retrieve them via the Exa API.