Legal Opinion
Darrell W. Jensen v. Claude W. Voyles
Court of Appeals for the Tenth Circuit
Decided April 1, 1968No. 9612PublishedCited by 21 opinions
1Opinion of the Court
BREITENSTEIN, Circuit Judge.
The district court granted summary judgment dismissing an action brought by appellant-plaintiff Jensen under Rule 10b-5 of the Securities and Exchange Commission. 1 Plaintiff was a buyer of stock in Pacific Fidelity Corporation, formerly Petroleum Recovery Corporation, on the open market. He claims that he was induced to buy the stock by the material misrepresentations of appellee-defendant Voyles. The district court held that the action was an impermissible derivative action and that no representation was made “in connection with the purchase or sale of any…
2Cases cited7 opinions
- Elster v. American Airlines, Inc.Court of Chancery of Delaware · 1953
- Boatright v. Steinite Radio Corp.Court of Appeals for the Tenth Circuit · 1931
- Raymond E. Bookout, as Administrator v. Schine Chain Theatres, Inc.Court of Appeals for the Second Circuit · 1958
- Peter v. Western Newspaper UnionCourt of Appeals for the Fifth Circuit · 1953
- Hirshberg v. AppelMassachusetts Supreme Judicial Court · 1929
2 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Landry v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1973
- Mount Clemens Industries, Inc. v. BellCourt of Appeals for the Ninth Circuit · 1972
- Reyos v. United StatesCourt of Appeals for the Tenth Circuit · 1970
- Landy v. Federal Deposit InsuranceCourt of Appeals for the Third Circuit · 1973
16 more not listed; retrieve them via the Exa API.