Legal Opinion
Alfadda v. Fenn
Court of Appeals for the Second Circuit
Decided June 5, 1991No. 1291, Docket 90-9129PublishedCited by 32 opinions
1Opinion of the Court
LUMBARD, Circuit Judge:
Plaintiffs appeal from the November 26, 1990 order of the Southern District of New York, Lawrence M. McKenna, Judge, dismissing their amended complaint for lack of subject matter jurisdiction. Plaintiffs, investors in defendant, Saudi European Investment Corporation N.V. (SEIC) allege that they were defrauded1 when their stake in SEIC was diluted by sales in contravention of an offering prospectus, and that defendants diverted the proceeds from the sales for their personal benefit and the benefit of certain favored SEIC shareholders. The district court held that it had…
2Cases cited6 opinions
- Agency Holding Corp. v. Malley-Duff & Associates, Inc.Supreme Court of the United States · 1987
- Bersch v. Drexel Firestone, Inc.Court of Appeals for the Second Circuit · 1975
- United States v. Milton Parness and Barbara ParnessCourt of Appeals for the Second Circuit · 1975
- Consolidated Gold Fields PLC v. Minorco, S.A.Court of Appeals for the Second Circuit · 1989
- John Psimenos v. E.F. Hutton & Company, Inc.Court of Appeals for the Second Circuit · 1983
1 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Morrison v. National Australia Bank Ltd.Court of Appeals for the Second Circuit · 2008
- Fed. Sec. L. Rep. P 98,815 Itoba Limited v. Lep Group Plc, William R. Berkley, John L. Read, Peter J. Grant, John R. EastCourt of Appeals for the Second Circuit · 1995
- Securities and Exchange Commission v. Michael W. Berger, Manhattan Investment Fund Ltd. And Manhattan Capital Management, Inc.Court of Appeals for the Second Circuit · 2003
- In Re Vivendi Universal, S.A. Securities LitigationDistrict Court, S.D. New York · 2003
- Chevron Corp. v. DonzigerDistrict Court, S.D. New York · 2012
27 more not listed; retrieve them via the Exa API.