Legal Opinion
Butterworth v. Integrated Resources Equity Corp.
District Court, E.D. Virginia
Decided March 2, 1988No. Civ. A. 87-0426PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION
RICHARD L. WILLIAMS, District Judge.
This matter is before the Court on Integrated’s motion for summary judgment pursuant to Rule 56(b), Fed.R.Civ.P. Integrated argues that the plaintiffs lack standing to pursue a cause of action under § 10(b) of the Securities Exchange Act of 1934 on four grounds: (1) the “in connection with” language of § 10(b) requires the actual purchase or sale of securities; (2) there was no contract to buy securities because the plaintiffs did not know they were contracting to buy securities; (3) even if they did know, the contracts lacked specificity;…
2Cases cited20 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Tcherepnin v. KnightSupreme Court of the United States · 1967
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3Cited by10 opinions
- Perez-Rubio v. WyckoffDistrict Court, S.D. New York · 1989
- Noble Security, Inc. v. MIZ Engineering, Ltd.District Court, E.D. Virginia · 2009
- Cook v. Goldman, Sachs & Co.District Court, S.D. Texas · 1989
- Prototype Productions, Inc. v. Reset, Inc.District Court, E.D. Virginia · 2012
- First American Title Insurance v. First Alliance Title, Inc.District Court, E.D. Virginia · 2010
5 more not listed; retrieve them via the Exa API.