Legal Opinion
Fed. Sec. L. Rep. P 95,379 Marian W. Short v. Belleville Shoe Manufacturing Company
Court of Appeals for the Seventh Circuit
Decided July 30, 1990No. 89-3271PublishedCited by 182 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Belleville Shoe Manufacturing Company redeemed 550 shares of its stock from Marian Short in 1977, paying $273 per share. Twelve years later Short filed this suit under § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and the SEC’s Rule 1 Ob-5, 17 C.F.R. § 240.10b-5, contending that Belleville (a closely-held, family corporation) and its controlling shareholders had defrauded her about the value of the shares. They painted a gloomy picture of the firm’s prospects in 1977; it has prospered since. Short depicts her brother Homer Weidmann, an officer…
2Cases cited32 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- DelCostello v. International Brotherhood of TeamstersSupreme Court of the United States · 1983
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
- Chevron Oil Co. v. HusonSupreme Court of the United States · 1971
- Owens v. OkureSupreme Court of the United States · 1989
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3Cited by182 opinions
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Joseph F. Cada v. Baxter Healthcare CorporationCourt of Appeals for the Seventh Circuit · 1991
- John Doe v. Blue Cross & Blue Shield United of Wisconsin and Aurora Health Care, Inc.Court of Appeals for the Seventh Circuit · 1997
- W. Kenneth Tregenza, James E. Haas, and Erwin B. Seegers v. Great American Communications Company and Shearson Lehman Brothers, IncorporatedCourt of Appeals for the Seventh Circuit · 1993
- Midwest Grinding Co. v. SpitzCourt of Appeals for the Seventh Circuit · 1992
177 more not listed; retrieve them via the Exa API.