Legal Opinion
Ballan v. Wilfred American Educational Corp.
District Court, E.D. New York
Decided August 30, 1989No. 88 C 3921PublishedCited by 43 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
NICKERSON, District Judge.
Plaintiff brought this action under §§ 10(b) and 20(a) of the Securities Exchange Act (the Act), 15 U.S.C. §§ 78j(b), 78t(a) (1982), Rule 10b-5 promulgated under § 10(b), 17 C.F.R. § 240.10b-5 (1988), and common law. The complaint alleges that defendants did not disclose their failure to comply with government regulations and the potential consequences of government investigations into that failure. Defendants move to dismiss on the grounds that the complaint does not state a claim upon which relief can be granted or plead fraud with…
2Cases cited44 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
39 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- In Re Marsh & McLennan Companies, Inc. Securities LitigationDistrict Court, S.D. New York · 2006
- In Re Par Pharmaceutical, Inc. Securities LitigationDistrict Court, S.D. New York · 1990
- In Re Citigroup, Inc. Securities LitigationDistrict Court, S.D. New York · 2004
- In Re Sahlen & Associates, Inc. Securities LitigationDistrict Court, S.D. Florida · 1991
- AmeriFirst Bank v. BomarDistrict Court, S.D. Florida · 1991
38 more not listed; retrieve them via the Exa API.