Legal Opinion

Initio, Inc. v. Hesse

District Court, D. Delaware

Decided July 20, 1979No. Civ. A. 79-219PublishedCited by 3 opinions

1Opinion of the Court

OPINION

LATCHUM, Chief Judge.

On May 9, 1979, Initio, Inc. (“Initio”) commenced this action against American Garden Products 1 (“AGP”), seven of the eight members of the Board of Directors of AGP 2 , and Robert Fleming, Incorporated (“Fleming”), an investment banking company. (Docket Item 1). Initio’s complaint seeks an injunction prohibiting a public offering of securities pursuant to a preliminary Registration Statement and Prospectus filed with the Securities and Exchange Commission on April 26, 1979, on the grounds that the offering is an improvident business transaction and that the…

2Cases cited16 opinions

  1. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  2. Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
  3. Alexander Kahan, on Behalf of Himself and All Others Similarly Situated v. Lewis RosenstielCourt of Appeals for the Third Circuit · 1970
  4. Kardon v. National Gypsum Co.District Court, E.D. Pennsylvania · 1946
  5. Gimbel v. Signal Companies, Inc.Court of Chancery of Delaware · 1974

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3Cited by3 opinions

  1. Fed. Sec. L. Rep. P 91,539 Liberty National Insurance Holding Company v. The Charter CompanyCourt of Appeals for the Eleventh Circuit · 1984
  2. Trump Hotels & Casino Resorts, Inc. v. Mirage Resorts Inc.District Court, D. New Jersey · 1997
  3. Fed. Sec. L. Rep. P 91,539 Liberty National Insurance Holding Company v. The Charter CompanyCourt of Appeals for the Eleventh Circuit · 1984

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