Legal Opinion
Trinity Wall Street v. Wal-Mart Stores, Inc.
Court of Appeals for the Third Circuit
Decided July 6, 2015No. 14-4764PublishedCited by 4 opinions
1Opinion of the Court
OPINION OF THE COURT
AMBRO, Circuit Judge.
Table of Contents
I. INTRODUCTION.'.327
II. FACTS & PROCEDURAL HISTORY.328
A. Trinity Objects to Wal-Mart’s Sale of Assault Rifles.328
B. Trinity’s Shareholder Proposal.329
C. Wal-Mart Seeks a No-Action Letter from the SEC.330
D. Trinity Takes its Fight to Federal Court: Round One.331
E. Round Two.332
III. REGULATORY BACKGROUND. CO CO
A. The Proxy Statement. CO CO
B. Proxy Solicitation. 00 CO
C. Shareholder Proposals. CO CO
D. Exclusion of Shareholder Proposals . CO CO
E. SEC Interpretive Releases on the “Ordinary Business” Exclusion CO CO
*3271. The 1976 Proposing…
2Cases cited13 opinions
- National Cable & Telecommunications Assn. v. Brand X Internet ServicesSupreme Court of the United States · 2005
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Federal Express Corp. v. HoloweckiSupreme Court of the United States · 2008
- Stroud v. GraceSupreme Court of Delaware · 1992
- Amelia Roosevelt v. E.I. Du Pont De Nemours & CompanyCourt of Appeals for the D.C. Circuit · 1992
8 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
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- Interfaith Center on Corporate Responsibility v. United States Securities and Exchange CommissionDistrict Court, District of Columbia · 2025
- Tosdal v. NorthWestern CorporationDistrict Court, D. Montana · 2020