Legal Opinion
Marcia Freeman v. Arthur J. Decio v. Dale Swikert, Samuel P. Mandell, Ira J. Kaufman, and Skyline Corporation
Court of Appeals for the Seventh Circuit
Decided September 20, 1978No. 78-1142PublishedCited by 52 opinions
1Opinion of the Court
HARLINGTON WOOD, JR., Circuit Judge.
The principal question presented by this case is whether under Indiana law the plaintiff may sustain a derivative action against certain officers and directors of the Skyline Corporation for allegedly trading in the stock of the corporation on the basis of material inside information. The district court granted summary judgment for the defendants on the ground that in light of the defendants’ affidavits and documentary evidence, the plaintiff had failed to create a genuine dispute as to whether the defendants’ sales of stock were based on material inside…
2Cases cited27 opinions
- First Nat. Bank of Ariz. v. Cities Service Co.Supreme Court of the United States · 1968
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Lehman Brothers v. ScheinSupreme Court of the United States · 1974
22 more not listed; retrieve them via the Exa API.
3Cited by52 opinions
- In Re Apple Computer Securities LitigationCourt of Appeals for the Ninth Circuit · 1989
- In Re Worlds Of Wonder Securities LitigationCourt of Appeals for the Ninth Circuit · 1994
- Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
- James S. Jordan, Cross-Appellee v. Duff and Phelps, Inc., Claire v. Hansen, and Francis E. Jeffries, Defendants- Cross-AppellantsCourt of Appeals for the Seventh Circuit · 1987
- Fed. Sec. L. Rep. P 98,867 Darrell B. Searls, on Behalf of Himself and All Others Similarly Situated v. James J. GlasserCourt of Appeals for the Seventh Circuit · 1995
47 more not listed; retrieve them via the Exa API.