Legal Opinion

Pittsburgh Coke & Chemical Co. v. Bollo

District Court, E.D. New York

Decided October 18, 1976No. 71 C 305PublishedCited by 36 opinions

1Opinion of the Court

MEMORANDUM OF DECISION

NEAHER, District Judge.

This is an action by Pittsburgh Coke & Chemical Company (“PCC”) 1 to recover from the defendant Louis J. Bollo (“Bollo”) damages in the amount of $3,100,000, representing the larger portion of the consideration paid by PCC to him and other stockholders of Standard Aircraft Equipment Company (“Standard”) to complete PCC’s acquisition of a 97% controlling interest in Standard in 1969 and 1970. The asserted grounds of liability are § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) (1970), SEC Rule 10b-5, 17 C.F.R. § 240.10b-5, and…

2Cases cited9 opinions

  1. Fed. Sec. L. Rep. P 93,548 Radiation Dynamics, Inc. v. Lawrence GoldmuntzCourt of Appeals for the Second Circuit · 1972
  2. Metropolitan Coal Co. v. HowardCourt of Appeals for the Second Circuit · 1946
  3. Fed. Sec. L. Rep. P 95,042 Titan Group, Inc. v. Harold FaggenCourt of Appeals for the Second Circuit · 1975
  4. Aron v. GillmanNew York Court of Appeals · 1955
  5. Fed. Sec. L. Rep. P 95,660 Gerald L. Herzfeld v. Laventhol, Krekstein, Horwath & Horwath, Laventhol, Krekstein, Horwath & Horwath, Third-Party v. Allen & Company, Incorporated and Allen & Co., Third-Party Allen & Company, Incorporated and Allen & Company, Third-Party Counterclaimants-Appellants v. Laventhol, Krekstein, Horwath & Horwath, Third-Party CounterclaimCourt of Appeals for the Second Circuit · 1976

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3Cited by36 opinions

  1. Fed. Sec. L. Rep. P 97,956 David Broad v. Rockwell International CorporationCourt of Appeals for the Fifth Circuit · 1981
  2. Putnam Resources v. Ronald M. Pateman, Ronald M. Pateman v. Frenkel & Company, Inc.Court of Appeals for the First Circuit · 1992
  3. In Re IBP, Inc., Shareholders LitigationCourt of Chancery of Delaware · 2001
  4. Employers Insurance of Wausau as Representative of Those Certain Underwriters Subscribing to Certificate No. 14880 and Certificate No. 14482, Plaintiff v. Suwannee River Spa Lines, Inc., Suwannee River Chartering, Inc., Permian Trading Corporation, Occidental Export, Inc., Occidental Chemical Agricultural Products, Inc., and Occidental Petroleum Corp. v. Avondale Shipyards, Inc., J.J. Henry Co., Inc., and Victoria MacHine Works, Inc., Occidental Petroleum Corp. v. Avondale Shipyards, Inc., Victoria MacHine Works, Inc., Occidental Petroleum Corp. v. Avondale Shipyards, Inc., Victoria MacHine Works, Inc., Employers Insurance of Wausau as Representative of Those Certain Underwriters Subscribing to Certificate No. 14880 and Certificate No. 14482, Plaintiff- Suwanne River Spa Lines, Inc. v. Avondale Shipyards, Inc., Employers Insurance of Wausau as Representative of Those Certain Underwriters Subscribing to Certificate No. 14880 and Certificate No. 14482 v. Avondale Shipyards, Inc. And Ogden CorporationCourt of Appeals for the Fifth Circuit · 1989
  5. Ainger v. Michigan General Corp.District Court, S.D. New York · 1979

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