Legal Opinion
Chechele v. Sperling
Court of Appeals for the Second Circuit
Decided July 11, 2014No. Docket 12-1769-cvPublishedCited by 16 opinions
1Opinion of the Court
JOHN M. WALKER, JR., Circuit Judge:
Plaintiff-Appellant Donna Ann Gabriele Cheehele appeals from the judgment of the United States District Court for the Southern District of New York (Paul A. Crotty, Judge) granting insider Defendants-Ap-pellees’ motion to dismiss her short-swing trading complaint. Specifically, the district court found that the requirements of a claim under section 16(b) of the Securities Exchange Act of 1934 (“Exchange Act”), mandating disgorgement of short-swing profits by statutory insiders, had not been satisfied. We agree and affirm the district court’s judgment.
BACKGROU…
2Cases cited6 opinions
- Analytical Surveys, Inc. v. Tonga Partners, L.P.Court of Appeals for the Second Circuit · 2012
- Anschutz Corp. v. Merrill Lynch & Co.Court of Appeals for the Second Circuit · 2012
- Allaire Corp. v. OkumusCourt of Appeals for the Second Circuit · 2006
- Fed. Sec. L. Rep. P 90,216 Magma Power Company v. The Dow Chemical CompanyCourt of Appeals for the Second Circuit · 1998
- Fed. Sec. L. Rep. P 90,280 Margaret Gwozdzinsky, Derivatively on Behalf of Revco D.S., Inc. v. Zell/chilmark Fund, L.P. And Revco D.S., Inc.Court of Appeals for the Second Circuit · 1998
1 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Lowinger v. Morgan Stanley & Co.District Court, S.D. New York · 2014
- Maybank v. BB&T Corp.Supreme Court of South Carolina · 2016
- Olagues v. IcahnCourt of Appeals for the Second Circuit · 2017
- Rubenstein v. Live Nation EntertainmentDistrict Court, S.D. New York · 2017
- Avalon Holdings Corporation v. GentileDistrict Court, S.D. New York · 2022
11 more not listed; retrieve them via the Exa API.