Legal Opinion

Benzoni v. Greve

District Court, S.D. New York

Decided March 9, 1972No. Nos. 70 Civ. 3194, 71 Civ. 1467 and 71 Civ. 3598PublishedCited by 9 opinions

1Opinion of the Court

OPINION

BONSAL, District Judge.

These three actions arise out of an offering of 1.7 million shares of the stock of Sequoyah Industries, Inc. (“Sequoyah”) made by Sequoyah and 43 selling stockholders, which offering was underwritten by a syndicate headed by Merrill Lynch, Pierce, Fenner & Smith, Inc. (“Merrill Lynch”) an*d which included 133 underwriters. The offering was on a firm commitment basis, which means that the stock was sold to the underwriters and resold by them to the public. 828,916 shares were sold by Sequoyah, and 871,084 shares were sold by the sell*452ing stockholders. The price to…

2Cases cited8 opinions

  1. Demarco v. EdensCourt of Appeals for the Second Circuit · 1968
  2. Mersay v. First Republic Corp. of AmericaDistrict Court, S.D. New York · 1968
  3. Escott v. BarChris Construction CorporationDistrict Court, S.D. New York · 1976
  4. Weiss v. Tenney Corp.District Court, S.D. New York · 1969
  5. Cannon v. Texas Gulf Sulphur Co.District Court, S.D. New York · 1969

3 more not listed; retrieve them via the Exa API.

3Cited by9 opinions

  1. American Finance System Inc. v. HarlowDistrict Court, D. Maryland · 1974
  2. In re the Gap Stores Securities LitigationDistrict Court, N.D. California · 1978
  3. Klein v. Computer Devices, Inc.District Court, S.D. New York · 1984
  4. In Re Activision Securities LitigationDistrict Court, N.D. California · 1985
  5. Thillens, Inc. v. Community Currency Exchange Ass'n of Illinois, Inc.District Court, N.D. Illinois · 1983

4 more not listed; retrieve them via the Exa API.

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