Legal Opinion
Marx & Co. v. Diners' Club, Inc.
Court of Appeals for the Second Circuit
Decided February 25, 1977No. Nos. 159, 177, Dockets 76-7050, 76-7069PublishedCited by 215 opinions
1Opinion of the Court
GURFEIN, Circuit Judge:
This appeal by the Diners’ Club, Inc. and Diners/Fugazy Travel, Inc. (collectively “Diners”) arises out of a series of transactions whereby the Fugazys sold the assets of their company, Fugazy Travel Bureau, Inc.1 (“Fugazy Travel”) to Diners Club in return for unregistered stock in the latter company. The Fugazys, plaintiffs below, allege that the defendants fraudulently induced the sale, in violation of § 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, by representing that defendant Continental Corporation was about to “take over” Diners and…
2Cases cited20 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Grismore v. Consolidated Products Co.Supreme Court of Iowa · 1942
- Fed. Sec. L. Rep. P 93,548 Radiation Dynamics, Inc. v. Lawrence GoldmuntzCourt of Appeals for the Second Circuit · 1972
- Herman Schwabe, Inc. v. United Shoe MacHinery CorporationCourt of Appeals for the Second Circuit · 1962
- List v. Fashion Park, Inc.Court of Appeals for the Second Circuit · 1965
15 more not listed; retrieve them via the Exa API.
3Cited by215 opinions
- United States v. Paul A. BilzerianCourt of Appeals for the Second Circuit · 1991
- Eduardo Burkhart v. Washington Metropolitan Area Transit AuthorityCourt of Appeals for the D.C. Circuit · 1997
- Hygh v. JacobsCourt of Appeals for the Second Circuit · 1992
- Specht v. JensenCourt of Appeals for the Tenth Circuit · 1988
- Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
210 more not listed; retrieve them via the Exa API.