Legal Opinion
Fed. Sec. L. Rep. P 96,926 Heizer Corporation v. Jordon Ross
Court of Appeals for the Seventh Circuit
Decided September 13, 1979No. 78-2349PublishedCited by 64 opinions
1Opinion of the Court
SPRECHER, Circuit Judge.
The principal question in this appeal is whether the right of contribution is available from joint securities wrongdoers under Rule 10b-5 in a cause of action separately brought subsequent to the judgment creating the securities laws liability.
I
In a separate cause of action, two shareholders of International Digisonies Corporation (IDC), formed in 1969 to develop electronic monitoring of television commercials as a service for the advertising industry, brought a derivative claim against IDC and its dominant shareholder, Heizer Corporation (Heizer), alleging that Heizer…
2Cases cited36 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cort v. AshSupreme Court of the United States · 1975
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
31 more not listed; retrieve them via the Exa API.
3Cited by64 opinions
- Texas Industries, Inc. v. Radcliff Materials, Inc.Supreme Court of the United States · 1981
- Northwest Airlines, Inc. v. Transport Workers UnionSupreme Court of the United States · 1981
- Huddleston v. Herman & MacLeanCourt of Appeals for the Fifth Circuit · 1981
- Delay v. Rosenthal Collins Group, LLCCourt of Appeals for the Sixth Circuit · 2009
- Cenco Inc. v. Seidman & SeidmanCourt of Appeals for the Seventh Circuit · 1982
59 more not listed; retrieve them via the Exa API.