Legal Opinion
Brayton v. Ostrau
District Court, S.D. New York
Decided March 22, 1983No. 82 CIV 4137(LBS)PublishedCited by 14 opinions
1Opinion of the Court
OPINION
SAND, District Judge.
The plaintiffs in this suit seek to rescind a buy-out agreement between a public corporation and a group of its former stockholders that was entered into after those stockholders waged a closely contested proxy fight for control of the company. The plaintiffs, four current stockholders, bring the action both as representatives of a class of shareholders and derivatively on behalf of Clarostat Manufacturing Company, an electronics concern traded publicly on the American Stock Exchange. They allege violations of Sections 14(a) and 10(b) of the Securities Exchange Act…
2Cases cited32 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
27 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Daniel Cowin v. Charles S. BreslerCourt of Appeals for the D.C. Circuit · 1984
- Warner Communications, Inc. v. MurdochDistrict Court, D. Delaware · 1984
- Samuel M. Feinberg Testamentary Trust v. CarterDistrict Court, S.D. New York · 1987
- Lou v. BelzbergDistrict Court, S.D. New York · 1990
- Maywalt v. Parker & Parsley Petroleum Co.District Court, S.D. New York · 1992
9 more not listed; retrieve them via the Exa API.