Legal Opinion
Darvin v. International Harvester Co.
District Court, S.D. New York
Decided June 10, 1985No. 81 Civ. 2168 (JES)PublishedCited by 33 opinions
1Opinion of the Court
OPINION & ORDER
SPRIZZO, District Judge:
Plaintiff Leonard Darvin purchased 500 shares of common stock in defendant Inter national Harvester Co. (“Harvester”) on the open market in December 1980. He sold 500 shares in February 1981 for a loss, a few days after Harvester disclosed losses of $96.4 million for the first quarter of fiscal 1980. Plaintiff sues for damages pursuant to section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), Rule 10b-5, 17 C.F.R. § 240.10b-5, and common law, alleging that a Harvester prospectus issued on October 16, 1980 with respect to preferred…
2Cases cited11 opinions
- Mersay v. First Republic Corp. of AmericaDistrict Court, S.D. New York · 1968
- Kline v. WolfCourt of Appeals for the Second Circuit · 1983
- Greenspan v. BrasslerDistrict Court, S.D. New York · 1978
- Kline v. WolfDistrict Court, S.D. New York · 1981
- Price Waterhouse v. PanzirerSupreme Court of the United States · 1982
6 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Kirkpatrick v. J.C. Bradford & Co.Court of Appeals for the Eleventh Circuit · 1987
- Jackson v. Bloomberg, L.P.District Court, S.D. New York · 2014
- County of Suffolk v. Long Island Lighting Co.District Court, E.D. New York · 1989
- Lapin v. Goldman Sachs & Co.District Court, S.D. New York · 2008
- Buford v. H & R Block, Inc.District Court, S.D. Georgia · 1996
28 more not listed; retrieve them via the Exa API.