Legal Opinion
Fed. Sec. L. Rep. P 92,714 Edwin J. Herpich v. Robert H. Wallace, Jack E. Love
Court of Appeals for the Fifth Circuit
Decided July 14, 1970No. 27729PublishedCited by 229 opinions
1Opinion of the Court
AINSWORTH, Circuit Judge:
In this case we must determine whether minority shareholders of a Louisiana corporation have stated a claim for relief under various sections of the federal securities laws which entitles them to challenge in federal court, absent diversity, the way in which control of their corporation was sold to an Arizona-based complex of insurance companies. The District Court dismissed their complaint on the pleadings, thus relegating them to the state courts. This appeal requires us to consider basic aspects of the implied right of action for violation of section 10(b) of the…
2Cases cited80 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Baker v. CarrSupreme Court of the United States · 1962
- Flast v. CohenSupreme Court of the United States · 1968
- Association of Data Processing Service Organizations, Inc. v. CampSupreme Court of the United States · 1970
75 more not listed; retrieve them via the Exa API.
3Cited by229 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- Federal Aviation Administration v. CooperSupreme Court of the United States · 2012
- Burks v. LaskerSupreme Court of the United States · 1979
- Huddleston v. Herman & MacLeanCourt of Appeals for the Fifth Circuit · 1981
224 more not listed; retrieve them via the Exa API.