Legal Opinion

Beecher v. Able

District Court, S.D. New York

Decided March 20, 1974No. 66 Civ. 3471, 66 Civ. 3382 and 66 Civ. 3775PublishedCited by 12 opinions

1Opinion of the Court

Findings of Fact and Conclusions Of Law

MOTLEY, District Judge.

These actions, consolidated- for trial, were commenced in 1966 and are brought on behalf of purchasers of a $75 million dollar issue of 4%% convertible subordinated debentures due July 1, 1991. The debentures were sold pursuant to a registration statement and prospectus filed with the Securities and Exchange Commission and which became effective July 12, 1966. (Pl. Exh. 28).

The debentures were convertible into capital stock at $80 per share, subject to adjustment, and were subordinated to the payment of all other debt. Plaintiffs…

2Cases cited5 opinions

  1. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  2. Maternally Yours, Inc. v. Your Maternity Shop, Inc.Court of Appeals for the Second Circuit · 1956
  3. Fischman v. Raytheon Mfg. Co.Court of Appeals for the Second Circuit · 1951
  4. Escott v. BarChris Construction CorporationDistrict Court, S.D. New York · 1976
  5. Fed. Sec. L. Rep. P 94,031 Securities and Exchange Commission v. First American Bank and Trust CompanyCourt of Appeals for the First Circuit · 1973

3Cited by12 opinions

  1. Operating Local 649 Annuity Trust Fund v. Smith Barney Fund Management LLCCourt of Appeals for the Second Circuit · 2010
  2. McMahan & Co. v. Wherehouse Entertainment, Inc.Court of Appeals for the Second Circuit · 1990
  3. In Re WorldCom, Inc. Securities LitigationDistrict Court, S.D. New York · 2004
  4. Akerman v. Oryx Communications, Inc.Court of Appeals for the Second Circuit · 1987
  5. In Re AnnTaylor Stores Securities LitigationDistrict Court, S.D. New York · 1992

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API