Legal Opinion
Ann Flamm and Arnold M. Flamm, on Behalf of a Class v. Rudolph Eberstadt, Jr., and Microdot, Inc.
Court of Appeals for the Seventh Circuit
Decided May 1, 1987No. 86-1754PublishedCited by 79 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
The stock of Microdot, Inc., was traded on the New York Stock Exchange when *1171General Cable Corp. announced, on December 2, 1975, an intention to make a tender offer to holders of Microdot’s shares. Microdot’s stock had been trading for $11% per share; General Cable planned to offer $17; the price available on the Exchange almost immediately topped $17, reaching $18% on December 8, 1975. The price retreated toward $17 through December, however, as Microdot opposed the offer. On December 5 Microdot issued a press release (published as an advertisement in the Wall…
2Cases cited29 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Fed. Sec. L. Rep. P 98,005 State Teachers Retirement Board v. Fluor Corporation and Manufacturers Hanover Trust Company, DefendantsCourt of Appeals for the Second Circuit · 1981
- Dirks v. Securities & Exchange CommissionSupreme Court of the United States · 1983
- Randall v. LoftsgaardenSupreme Court of the United States · 1986
24 more not listed; retrieve them via the Exa API.
3Cited by79 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
- United States v. David Thai, Lan Ngoc Tran, Minh Do, Jimmy Nguyen, Hoang Huy Ngo, Quang Van Nguyen, and Lv Hong, A/K/A "l.v. Hong"Court of Appeals for the Second Circuit · 1994
- Ansfield v. Omnicare, Inc. (In Re Omicare, Inc. Securities Litigation)Court of Appeals for the Sixth Circuit · 2014
- In the Matter of John E. Mayer and Deborah Mayer, Debtors-Appellants v. Spanel International Ltd. And Bank One-Rockford, N.A., Creditors-AppelleesCourt of Appeals for the Seventh Circuit · 1995
74 more not listed; retrieve them via the Exa API.