Legal Opinion
Glassman v. Computervision Corp.
Court of Appeals for the First Circuit
Decided July 31, 1996No. 95-2240PublishedCited by 498 opinions
1Opinion of the Court
LYNCH, Circuit Judge.
Computervision Corporation, a Massachusetts high technology company, made an initial public offering (“IPO”) of securities on August 14, 1992. Six weeks later, on September 29, 1992, Computervision announced that its revenues and operating results for the third quarter of 1992 would be lower than expected. The prices of Computervision’s stock and notes fell sharply. On the day after this announcement, the first investor suit was filed. Computervision and the IPO underwriters were sued under Sections 11 and 12(2) of the Securities Act of 1933 (the “Securities Act”). The…
2Cases cited49 opinions
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- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Charles Kowal v. MCI Communications CorporationCourt of Appeals for the D.C. Circuit · 1994
- David Hanon v. Dataproducts Corporation Jack C. DavisCourt of Appeals for the Ninth Circuit · 1992
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
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3Cited by498 opinions
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- General Electric Capital Corporation v. Lease Resolution CorporationCourt of Appeals for the Seventh Circuit · 1997
- Evancho v. FisherCourt of Appeals for the Third Circuit · 2005
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