Legal Opinion
Caremark, Inc. v. Coram Healthcare Corp.
Court of Appeals for the Seventh Circuit
Decided April 18, 1997No. 96-1166PublishedCited by 116 opinions
1Opinion of the Court
RIPPLE, Circuit Judge.
Caremark, Incorporated appeals the district court’s grant of judgment on the pleadings in favor of Coram Healthcare.1 Because we believe that the complaint adequately states a cause of action for fraud under the securities laws, we reverse the judgment of the district court and remand the case for further proceedings.
I
BACKGROUND
A
Because this ease comes to us from a dismissal on the pleadings, we must take the allegations in the complaint as true. Ledford v. Sullivan, 105 F.3d 354, 356 (7th Cir.1997); Wilczynski v. Lumbermens Mut. Cas. Co., 93 F.3d 397, 401 (7th Cir.1996).
2Cases cited25 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Scheuer v. RhodesSupreme Court of the United States · 1974
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Salahuddin v. CuomoCourt of Appeals for the Second Circuit · 1988
- Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
20 more not listed; retrieve them via the Exa API.
3Cited by116 opinions
- ANCHORBANK, FSB v. HoferCourt of Appeals for the Seventh Circuit · 2011
- Suez Equity Investors, L.P. v. Toronto-Dominion BankCourt of Appeals for the Second Circuit · 2001
- Hutchinson ex rel. Baker v. SpinkCourt of Appeals for the Seventh Circuit · 1997
- Tricontinental Industries, Limited and Tricontinental Distribution, Limited v. Pricewaterhousecoopers, LLPCourt of Appeals for the Seventh Circuit · 2007
- In Re Initial Public Offering Securities LitigationDistrict Court, S.D. New York · 2003
111 more not listed; retrieve them via the Exa API.