Berk v. Ascott Investment Corp.
District Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM AND ORDER
VAN ANTWERPEN, District Judge.
(1.) Background
The plaintiffs have brought the instant case under the following statutes: sections 12 and 15 of the Securities Act of 1933, 15 U.S.C. §§ 111, llo, 77q(a); sections 10(b) and 20 of the Securities Exchange Act of 1934 and SEC Rule 10b-5, 15 U.S.C. §§ 78j(b) and 78t, 17 C.F.R. § 240.10b-5; The Racketeer Influenced and Corrupt Organizations Act (“RICO”), 18 U.S.C. § 1962; and state laws pertaining to securities. Plaintiffs also allege a common law breach of fiduciary duty.
The plaintiffs seek to represent a class of people and…
2Cases cited49 opinions
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Cort v. AshSupreme Court of the United States · 1975
- Poller v. Columbia Broadcasting System, Inc.Supreme Court of the United States · 1962
- Aaron v. Securities & Exchange CommissionSupreme Court of the United States · 1980
- Goldman v. BeldenCourt of Appeals for the Second Circuit · 1985
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- Thayer/Patricof Education Funding, L.L.C. v. Pryor Resources, Inc.District Court, District of Columbia · 2002
- Greenberg v. TomlinDistrict Court, E.D. Pennsylvania · 1993
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