Legal Opinion

Roberts v. Magnetic Metals Co.

Court of Appeals for the Third Circuit

Decided November 14, 1979No. 79-1326PublishedCited by 68 opinions

1Opinion of the Court

OPINION OF THE COURT

GIBBONS, Circuit Judge:

On January 5, 1978, James R. Roberts filed a complaint, individually and as a class *452representative, charging Magnetic Metals Company (Magnetic), Magmetco, Inc. (Magmetco), David C. Langworthy, and Butcher & Singer, Inc. (Butcher) with violations of sections 10(b) and 14(a) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b), 78n(a) (1976), Rules 10b-5 and 14a-9 promulgated thereunder, 17 C.F.R. §§ 240.10b— 5, 240.14a — 9 (1978), and common law fraud. The transaction complained of is a merger of Magnetic, a New Jersey corporation, into…

2Cases cited33 opinions

  1. Johnson v. Railway Express Agency, Inc.Supreme Court of the United States · 1975
  2. Holmberg v. ArmbrechtSupreme Court of the United States · 1946
  3. International Union, United Automobile, Aerospace & Agricultural Implement Workers of America v. Hoosier Cardinal Corp.Supreme Court of the United States · 1966
  4. Chattanooga Foundry & Pipe Works v. City of AtlantaSupreme Court of the United States · 1906
  5. Cope v. AndersonSupreme Court of the United States · 1947

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3Cited by68 opinions

  1. SHARP, Stanley L. v. COOPERS & LYBRAND, AppellantCourt of Appeals for the Third Circuit · 1981
  2. In Re Data Access Systems Securities Litigation. Appeal of Tolins & Lowenfels & Roger A. Tolins. Appeal of I. Kahlowsky and Co. And Peter CunicelliCourt of Appeals for the Third Circuit · 1988
  3. In Re Catanella and EF Hutton and Co.District Court, E.D. Pennsylvania · 1984
  4. Robert P. BIGGANS, Appellant, v. BACHE HALSEY STUART SHIELDS, INC., F/T/A Bache Halsey Stuart, Inc.Court of Appeals for the Third Circuit · 1981
  5. Hill v. Equitable Trust Co.Court of Appeals for the Third Circuit · 1988

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