Legal Opinion

Schoenbaum v. Firstbrook

District Court, S.D. New York

Decided March 29, 1967No. 66 Civ. 856PublishedCited by 37 opinions

1Opinion of the Court

OPINION

IRVING BEN COOPER, District Judge.

Plaintiff, a shareholder of defendant Banff Oil Ltd. (Banff), brings this action under the Securities Act of 1933, 15 U.S.C. § 77a et seq., and the Securities Exchange Act of 1934, 15 U.S.C. § 78a et seq. Defendants are Banff and its individual directors, Aquitaine Company of Canada, Ltd. (Aquitaine), Banff’s controlling stockholder, and the Paribas Corporation of New York (Paribas). Plaintiff asserts that the use of “inside information” by the defendants in three transactions involving the sale of Banff stock violated the aforementioned Acts.…

2Cases cited41 opinions

  1. United States v. Aluminum Co. of AmericaCourt of Appeals for the Second Circuit · 1945
  2. Continental Ore Co. v. Union Carbide & Carbon Corp.Supreme Court of the United States · 1962
  3. Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
  4. Ford v. United StatesSupreme Court of the United States · 1926
  5. Blackmer v. United StatesSupreme Court of the United States · 1932

36 more not listed; retrieve them via the Exa API.

3Cited by37 opinions

  1. Morrison v. National Australia Bank Ltd.Supreme Court of the United States · 2010
  2. Burlington Coat Factory Warehouse Corporation v. Esprit De Corp. And Federated Department Stores, Inc.Court of Appeals for the Second Circuit · 1985
  3. Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
  4. Fed. Sec. L. Rep. P 93,949 J. William Wolf, Plaintiffs-Appellants-Cross v. Robert R. Frank, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1973
  5. White v. AbramsCourt of Appeals for the Ninth Circuit · 1974

32 more not listed; retrieve them via the Exa API.

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