Legal Opinion
Yoder v. Orthomolecular Nutrition Institute, Inc.
Court of Appeals for the Second Circuit
Decided January 7, 1985No. 483, Docket 84-7686PublishedCited by 80 opinions
1Opinion of the Court
FRIENDLY, Circuit Judge:
The principal issue on this appeal is whether a complaint alleging that a company knowingly misrepresented its financial condition when it undertook to issue its stock to a person, who, in reliance thereon, became an employee and also transferred certain assets as a part of the transaction, stated a claim under the federal securities laws. We hold that it did.
The complaint in this action in the District Court for the Southern District of New York alleged substantially as follows: Plaintiff, Eileen R. Yoder, is a nationally known specialist in the field of food…
2Cases cited44 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Wilko v. SwanSupreme Court of the United States · 1953
39 more not listed; retrieve them via the Exa API.
3Cited by80 opinions
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Luce v. EdelsteinCourt of Appeals for the Second Circuit · 1986
- Fed. Sec. L. Rep. P 93,060 the Connecticut National Bank v. Fluor Corporation and Fluor Acquisition CorporationCourt of Appeals for the Second Circuit · 1987
- O'BRIEN v. National Property Analysts PartnersDistrict Court, S.D. New York · 1989
- Arnold Pross v. Curtis Katz, Roxann Management, Corp., and Jadam Equities, Ltd.Court of Appeals for the Second Circuit · 1986
75 more not listed; retrieve them via the Exa API.