Legal Opinion
Froid v. Berner
District Court, D. New Jersey
Decided December 19, 1986No. Civ. A. 86-2068PublishedCited by 8 opinions
1Opinion of the Court
OPINION
SAROKIN, District Judge.
In this insider trading action, defendants move to dismiss the complaint or, in the alternative, for summary judgment.
The summary judgment motion requires the court to determine whether plaintiff is entitled to discovery. Absent discovery he cannot refute the factual assertions of defendants which, in essence, deny plaintiff’s allegations of insider trading. On the one hand, to deny discovery deprives plaintiff of the opportunity of challenging the facts tendered by defendants in support of their motion. It must be conceded that by their very nature most facts…
2Cases cited18 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
13 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Dowling v. Narragansett Capital Corp.District Court, D. Rhode Island · 1990
- Azurite Corp. Ltd. v. Amster & Co.District Court, S.D. New York · 1994
- Laven v. FlanaganDistrict Court, D. New Jersey · 1988
- Deutsche Bank Securities, Inc. v. Montana Board of InvestmentsAppellate Division of the Supreme Court of the State of New York · 2005
- Quaak v. Dexia, S.A.District Court, D. Massachusetts · 2006
3 more not listed; retrieve them via the Exa API.