Legal Opinion
Christophides v. Porco
District Court, S.D. New York
Decided September 30, 1968No. 68 Civ. 1562PublishedCited by 45 opinions
1Opinion of the Court
OPINION
POLLACK, District Judge.
The defendants move to dismiss this “10b-5” derivative suit and class action for lack of federal jurisdiction, F.R.Civ. P. 12(b) (1), and for insufficiency of the claim, F.R.Civ.P. 12(b) (6). Plaintiffs are shareholders of and sue on behalf of Brown Company, a Delaware corporation listed on the New York Stock Exchange, and on behalf of other shareholders of Brown.
Defendants are Fasco, Inc., formerly the owner of a controlling block of 23% of Brown’s common stock; Gulf & Western, which in January, 1968, purchased Fasco’s shares; individual directors of Brown;…
2Cases cited16 opinions
- Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
- Leo Vine v. Beneficial Finance Company, Inc., and Charles H. Dowd, Stuart A. Wixson, George J. Springer, C. H. Donohue and Crown Finance Company, Inc.Court of Appeals for the Second Circuit · 1967
- Jane Perlman v. C. Russell Feldmann, Newport Steel CorporationCourt of Appeals for the Second Circuit · 1955
- The Greater Iowa Corporation v. Frank McLendonCourt of Appeals for the Eighth Circuit · 1967
- Mutual Shares Corporation, Spingarn Heine & Co., and Norte & Co. v. Genesco, Inc., and W. Maxey JarmanCourt of Appeals for the Second Circuit · 1967
11 more not listed; retrieve them via the Exa API.
3Cited by45 opinions
- Jones v. H. F. Ahmanson & Co.California Supreme Court · 1969
- Dorothy Elfenbein v. Gulf & Western Industries, Inc., and Stelux Manufacturing Co., and Bulova Watch Co., Inc.Court of Appeals for the Second Circuit · 1978
- EF Hutton & Company v. BrownDistrict Court, S.D. Texas · 1969
- American Electric Power Co. v. Westinghouse Electric Corp.District Court, S.D. New York · 1976
- Wellman v. DickinsonDistrict Court, S.D. New York · 1979
40 more not listed; retrieve them via the Exa API.