Legal Opinion
Rubin v. Posner
District Court, D. Delaware
Decided December 21, 1988No. Civ. A. 87-378-JJFPublishedCited by 18 opinions
1Opinion of the Court
OPINION
FARNAN, District Judge.
I. INTRODUCTION.
Defendants Victor Posner, Ivan F. Boe-sky, and Drexel Burnham Lambert, Inc. (“Drexel”), respectively, have filed motions to dismiss this shareholder’s derivative action brought on behalf of Pennsylvania Engineering Corporation (“PEC”) by plaintiffs Sadie Rubin and Julie Stone (“plaintiffs”). The complaint alleges (1) that Posner and Boesky violated § 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”), 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F. R. § 240.10b-5; (2) that Posner, Boesky, and Drexel aided and abetted the alleged § 10(b) and…
2Cases cited33 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Cort v. AshSupreme Court of the United States · 1975
28 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Wiley v. Hughes Capital Corp.District Court, D. New Jersey · 1990
- Liquidating Trustee of the Amcast Unsecured Creditor Liquidating Trust v. Baker (In Re Amcast Industrial Corp.)United States Bankruptcy Court, S.D. Ohio · 2007
- Elysian Federal Savings Bank v. First Interregional Equity Corp.District Court, D. New Jersey · 1989
- Simmonds v. Credit Suisse Securities LLCCourt of Appeals for the Ninth Circuit · 2010
- Diceon Electronics, Inc. v. Calvary Partners, L.P.District Court, D. Delaware · 1991
13 more not listed; retrieve them via the Exa API.