Legal Opinion
Zeller v. BOGUE ELECTRIC MANUFACTURING CORPORATION
District Court, S.D. New York
Decided August 7, 1972No. 71 Civ. 5502PublishedCited by 6 opinions
1Opinion of the Court
GURFEIN, District Judge.
This is a derivative action on behalf of a corporation to recover damages from members of its board of directors, its controlling shareholder and its accounting firm, that accrued as a result of an alleged scheme to defraud the corporation in violation of Rule 10b-5 and § 10(b) of the Securities Exchange Act of 1934 (17 C.F.R. § 240.10b-5, 15 U.S. C. § 78j(b)). 1 The action was commenced December 16, 1971 by a shareholder of Belco Pollution Control Corporation (Belco) against Bogue Electric Manufacturing Corporation (Bogue), which owned almost 75% of Belco’s…
2Cases cited8 opinions
- Corsicana Nat. Bank of Corsicana v. JohnsonSupreme Court of the United States · 1919
- Smith v. BollesSupreme Court of the United States · 1889
- Estate Counseling Service, Inc., a Corporation v. Merrill Lynch, Pierce, Fenner & Smith, Incorporated, a CorporationCourt of Appeals for the Tenth Circuit · 1962
- Florence K. Levine, as of the Last Will and Testament of Irving Levine, Deceased v. Seilon, Inc.Court of Appeals for the Second Circuit · 1971
- Smith v. MurchisonDistrict Court, S.D. New York · 1970
3 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Fed. Sec. L. Rep. P 93,903 Herman L. Zeller v. Bogue Electric Manufacturing CorporationCourt of Appeals for the Second Circuit · 1973
- Lorber v. BeebeDistrict Court, S.D. New York · 1976
- REA Express, Inc. v. Interway Corp.District Court, S.D. New York · 1976
- Simon v. NEW HAVEN BOARD AND CARTON COMPANY, INC.District Court, D. Connecticut · 1974
- Adato v. KaganCourt of Appeals for the Second Circuit · 1979
1 more not listed; retrieve them via the Exa API.