Legal Opinion
IDT Corp. v. eGlobe Inc.
District Court, District of Columbia
Decided March 21, 2001No. CIV.A. 00-01158 HHKPublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OPINION
KENNEDY, District Judge.
Plaintiff, IDT Corporation (“IDT”) brings this action against defendants, eGlobe Inc., Christopher Vizas, and Donald Sledge (collectively “eGlobe”), alleging violations of federal securities laws as well as several state law claims. This dispute arises out of a warrant agreement, pursuant to which IDT obtained the right to purchase 500,000 shares of eGlobe common stock. IDT exercised this warrant, but eGlobe subsequently refused to remove a restrictive legend that appeared on the stock certificate and did not register the shares for resale. As a…
2Cases cited18 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Charles Kowal v. MCI Communications CorporationCourt of Appeals for the D.C. Circuit · 1994
- Carden v. Arkoma AssociatesSupreme Court of the United States · 1990
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3Cited by5 opinions
- Reese v. BP Exploration (Alaska) Inc.Court of Appeals for the Ninth Circuit · 2011
- Burman v. Phoenix Worldwide Industries, Inc.District Court, District of Columbia · 2005
- In Re US Office Products Securities LitigationDistrict Court, District of Columbia · 2004
- Semon v. LedeckyDistrict Court, District of Columbia · 2004
- Citizens National Bank v. Volunteer Bancorp Inc. (TV2)District Court, E.D. Tennessee · 2021