Legal Opinion
Gordon v. Fundamental Investors, Inc.
District Court, S.D. New York
Decided June 7, 1973No. 72 Civ. 2943PublishedCited by 15 opinions
1Opinion of the Court
GURFEIN, District Judge.
This is a motion to dismiss a class action complaint, pursuant to Fed.R.Civ.P. 12(b)(6) for failure to state a claim upon which relief can be granted, on the ground that the plaintiff lacks standing to assert the claim alleged, since the claim belongs to Fundamental Investors, Inc. (“Fundamental”). Fundamental is an open-end mutual fund. It is registered as an investment company under the 1940 Act. 15 U.S.C. §§ 80a — 1 et seq.
The complaint is brought as a class action by Joseph Gordon, owner of sixty shares of Fundamental stock from 1965 up to June 1972. The action was…
2Cases cited16 opinions
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
- United States v. CartwrightSupreme Court of the United States · 1973
- Joseph B. KAUFFMAN Et Al. v. the DREYFUS FUND, INC., Et Al., Investors Diversified Services, Inc., Et Al., AppellantsCourt of Appeals for the Third Circuit · 1970
11 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Rowen v. Le Mars Mut. Ins. Co. of IowaSupreme Court of Iowa · 1979
- Mann v. Kemper Financial Companies, Inc.Appellate Court of Illinois · 1992
- Saxe, Bacon & Bolan, P.C. v. Martindale-Hubbell, Inc.District Court, S.D. New York · 1981
- Lochhead v. AlacanoDistrict Court, D. Utah · 1988
- General Electric Co. v. Bucyrus-Erie Co.District Court, S.D. New York · 1983
10 more not listed; retrieve them via the Exa API.