Legal Opinion

Grace v. Rosenstock

District Court, E.D. New York

Decided October 29, 1998No. 85-CV-2039 (RML)PublishedCited by 7 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

LEVY, United States Magistrate Judge.

Plaintiffs 1 are minority shareholders of de fendant Briggs Leasing Corporation, 2 a public corporation that was in the business of leasing automobiles to individuals and businesses. They commenced this action individually, as a class, and derivatively to rescind and reform a “freeze-out” merger, under federal and state law, and for money damages and other appropriate relief. Plaintiffs’ amended complaint, filed on July 1, 1985, 3 alleges that the merger violated Section 10(b) of the Securities Exchange Act of 1934, Rule 10b-5…

2Cases cited33 opinions

  1. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  2. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  3. Adeline Lennon v. Chief William P. Miller, the City of Troy, Patrolman Donald J. Backaus, and Patrolman Peter GordonCourt of Appeals for the Second Circuit · 1995
  4. Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991
  5. San Leandro Emergency Medical Group Profit Sharing Plan v. Philip Morris Companies, Inc.Court of Appeals for the Second Circuit · 1996

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3Cited by7 opinions

  1. Grace v. Bank Leumi Trust Company Of New YorkCourt of Appeals for the Second Circuit · 2006
  2. Grace v. RosenstockCourt of Appeals for the Second Circuit · 2000
  3. Grace v. Bank Leumi Trust Co.Court of Appeals for the Second Circuit · 2006
  4. In Re Digital Island Securities LitigationDistrict Court, D. Delaware · 2002
  5. Cellular Technical Services Co. v. Trueposition, Inc.District Court, D. Connecticut · 2009

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