Matas v. Siess
District Court, S.D. New York
1Opinion of the Court
Memorandum Opinion on Defendants’ Motion to Dismiss
MOTLEY, District Judge.
I. FACTS
This action under Section 16(b) of the Securities Exchange Act of 1934 1 raising difficult issues of application of that statute is before the court on the motion of defendants Siess, Nelle, and McDowell, joined in by defendant Apeo Oil Corporation, pursuant to Rule 12(b)(6), Fed.R.Civ.P., to dismiss the complaint for failure to state a cause of action. The motion is denied for the reasons set forth below.
Plaintiff is a stockholder of Apco Oil Corporation (Apco), suing in its behalf. The facts as set forth below…
2Cases cited15 opinions
- Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
- Reliance Electric Co. v. Emerson Electric Co.Supreme Court of the United States · 1972
- Foremost-McKeeson, Inc. v. Provident Securities Co.Supreme Court of the United States · 1976
- Park & Tilford, Inc. v. SchulteCourt of Appeals for the Second Circuit · 1947
- Fed. Sec. L. Rep. P 92,683 John Bershad v. Bernard P. McDonoughCourt of Appeals for the Seventh Circuit · 1970
10 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Whittaker v. Whittaker Corp.Court of Appeals for the Ninth Circuit · 1981
- Tyco Laboratories, Inc. v. Cutler-Hammer, Inc.District Court, S.D. New York · 1980
- Portnoy v. Seligman & Latz, Inc.District Court, S.D. New York · 1981
- Roth v. The Goldman Sachs Group, Inc.Court of Appeals for the Second Circuit · 2014
- Seinfeld v. Hospital Corp. of AmericaDistrict Court, N.D. Illinois · 1988
12 more not listed; retrieve them via the Exa API.