Legal Opinion
Jesse Campbell v. Transgenomic, Inc.
Court of Appeals for the Eighth Circuit
Decided March 1, 2019No. 18-2198PublishedCited by 14 opinions
1Opinion of the Court
BENTON, Circuit Judge.
Following a merger, Transgenomic shareholder Jesse Campbell brought a class action for former Transgenomic shareholders alleging materially misleading statements and omissions in the proxy statement. The district court dismissed, ruling that, as a matter of law, any omissions or misstatements in the proxy statement were not materially misleading. Having jurisdiction under 28 U.S.C. § 1291 , this court reverses and remands.
I
In October 2016, biotechnical company Transgenomic, Inc. and cancer-diagnostics company Precipio, Inc. ("pre-merger Precipio") agreed to form…
2Cases cited22 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Matrixx Initiatives, Inc. v. SiracusanoSupreme Court of the United States · 2011
- Universal Health Services, Inc. v. United States ex rel. EscobarSupreme Court of the United States · 2016
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3Cited by14 opinions
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- United States v. Dana Kidd, Jr.Court of Appeals for the Eighth Circuit · 2020
- Baum v. Harman International Industries, IncorporatedDistrict Court, D. Connecticut · 2019
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