Legal Opinion
Michaels v. Ambassador Group Inc.
District Court, E.D. New York
Decided April 4, 1986No. CV 84-2455PublishedCited by 23 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
WEXLER, District Judge.
This proposed class action is one of the many lawsuits that have emerged from the collapse of the Ambassador Group, Inc. (“Ambassador”) an insurance holding company.1 In this litigation, Ambassador stockholder David Michaels is the sole named plaintiff in a lawsuit against defendants Ambassador, Ambassador’s former officers and inside directors,2 and Coopers & Lybrand, Ambassador’s accountants. Michaels alleges that defendants violated § 10(b) of the federal securities law, 15 U.S.C. § 78j(b), 78t, Rule 10(b)(5), and state common law when they…
2Cases cited25 opinions
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Deposit Guaranty National Bank v. RoperSupreme Court of the United States · 1980
- Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
- Eisen v. Carlisle & JacquelinCourt of Appeals for the Second Circuit · 1968
20 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Adams v. ReaganCourt of Appeals of Texas · 1990
- Buford v. H & R Block, Inc.District Court, S.D. Georgia · 1996
- In re Sumitomo Copper LitigationDistrict Court, S.D. New York · 1998
- Cromer Finance Ltd. v. BergerDistrict Court, S.D. New York · 2001
- In re Frontier Insurance Group, Inc. Securities LitigationDistrict Court, E.D. New York · 1997
18 more not listed; retrieve them via the Exa API.