Legal Opinion
Biospherics, Inc. v. Forbes, Inc.
District Court, D. Maryland
Decided December 16, 1997No. Civ.A. DKC 97-2320PublishedCited by 38 opinions
1Opinion of the Court
MEMORANDUM OPINION
CHASANOW, District Judge.
This is a diversity action alleging libel. Plaintiff (“Biospherics”) is a publicly held Delaware corporation with its principal place of business in Beltsville, Maryland. The stock of the company is traded on NASDAQ. Defendants are a New York corporation which publishes a national business magazine (“Forbes”) and one of its writers, Caroline Waxier (“Ms.Waxler”).
The gravamen of Biospherics’ Complaint is that Defendants published false statements which caused a diminution in the “value” of Biospherics stock. 1 Defendants have moved to dismiss the…
2Cases cited18 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Gertz v. Robert Welch, Inc.Supreme Court of the United States · 1974
- Jenkins v. McKeithenSupreme Court of the United States · 1969
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3Cited by38 opinions
- Ground Zero Museum Workshop v. WilsonDistrict Court, D. Maryland · 2011
- In Re Criimi Mae, Inc. Securities LitigationDistrict Court, D. Maryland · 2000
- Abadian v. LeeDistrict Court, D. Maryland · 2000
- White v. Mortgage Dynamics, Inc.District Court, D. Maryland · 2007
- Brown v. Institute for Family Centered Services, Inc.District Court, M.D. North Carolina · 2005
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