Schur v. Salzman
District Court, S.D. New York
1Opinion of the Court
EDWARD WEINFELD, District Judge.
This is an action pursuant to section 16(b) of the Securities Act of 1934 1 to recover “short swing” profits allegedly realized by the defendant Hal A. Salzman in the purchase and sale of shares of stock of Odell, Inc. 2 Subsequent to the transactions at issue, Odell was merged into Papercraft Corporation, as a result of which plaintiff, a stockholder of Odell, became a stockholder of Paper-craft. Previously, in April 1970, plaintiff, while still the owner of his Odell shares, had served a written demand upon Odell to bring suit for the recovery of the claimed…
2Cases cited38 opinions
- Bigelow v. RKO Radio Pictures, Inc.Supreme Court of the United States · 1946
- Dyer v. MacDougallCourt of Appeals for the Second Circuit · 1952
- Blau v. LehmanSupreme Court of the United States · 1962
- Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
- Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
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3Cited by22 opinions
- Whittaker v. Whittaker Corp.Court of Appeals for the Ninth Circuit · 1981
- Freedman v. BarrowDistrict Court, S.D. New York · 1976
- Fed. Sec. L. Rep. P 95,294 MacAuley Whiting v. The Dow Chemical CompanyCourt of Appeals for the Second Circuit · 1975
- Markowitz v. BrodyDistrict Court, S.D. New York · 1981
- Makofsky v. Ultra Dynamics CorporationDistrict Court, S.D. New York · 1974
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