Cramer v. General Telephone & Electronics Corp.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
GIBBONS, Circuit Judge:
This is an appeal from the termination of a shareholder’s derivative suit brought by Harold Cramer1 on behalf of the shareholders of General Telephone & Electronics Corporation (GTE). The defendants are Leslie H. Warner, Theodore F. Brophy, John J. Douglas, and William Bennett, directors of the corporation, and Arthur Andersen & Co., GTE’s auditors. In his complaint, the plaintiff contends that the defendants (1) violated Sections 10(b), 12(b)(1), 13(a), and 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b), 787(b)(1), 78m(a), &…
2Cases cited33 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Commissioner v. SunnenSupreme Court of the United States · 1948
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
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3Cited by49 opinions
- Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
- Fidelity National Title Insurance Company of New York v. Intercounty National Title Insurance CompanyCourt of Appeals for the Seventh Circuit · 2005
- Lewis v. GravesCourt of Appeals for the Second Circuit · 1983
- Allison Ex Rel. General Motors Corp. v. General Motors Corp.District Court, D. Delaware · 1985
- Reingold v. Deloitte Haskins & SellsDistrict Court, S.D. New York · 1984
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