Legal Opinion
Lavin v. Data Systems Analysts, Inc.
District Court, E.D. Pennsylvania
Decided September 29, 1977No. Civ. A. 76-2763PublishedCited by 18 opinions
1Opinion of the Court
OPINION AND ORDER
A. LEON HIGGINBOTHAM, Jr., District Judge.
I
On February 24, 1975 the Board of Directors of Data Systems Analysts, Inc. (hereinafter Data Systems), a Delaware corporation, adopted an employee bonus program under which up to 40% of the corporation’s pre-tax profits would be distributed each year as bonuses “. to such key personnel as shall be determined by a committee established by the Board of Directors. . . . ” Pursuant to Rule 23.1 of the Federal Rules of Civil Procedure, Aaron Lavin, a holder of Data Systems securities, has brought this derivative action against several of…
2Cases cited16 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Jenkins v. McKeithenSupreme Court of the United States · 1969
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
11 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- In Re Integrated Resources Real Estate Ltd. Partnerships Securities LitigationDistrict Court, S.D. New York · 1993
- Staffin v. GreenbergCourt of Appeals for the Third Circuit · 1982
- Sanders v. Thrall Car Manufacturing Co.District Court, S.D. New York · 1983
- Biesenbach v. GuentherCourt of Appeals for the Third Circuit · 1978
- In Re Integrated Resources Real Estate Ltd. Partnerships Securities LitigationDistrict Court, S.D. New York · 1994
13 more not listed; retrieve them via the Exa API.