Legal Opinion
Greenfield v. Heublein, Inc.
Court of Appeals for the Third Circuit
Decided August 29, 1984No. 83-1846PublishedCited by 66 opinions
1Opinion of the Court
OPINION OF THE COURT
ALDISERT, Chief Judge.
This appeal presents two principal questions for our consideration: (1) when does a corporation, the target of both friendly and hostile takeover activity, have a duty to disclose publicly the substance of its discussions with the suitor corporations; and (2) if the target makes a public statement, when is that statement materially misleading and under what circumstances must such a statement, if correct when issued, be updated? Here, Bruce H. Greenfield, both individually and as representative of a class of similarly situated investors, sued…
2Cases cited13 opinions
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Piper v. Chris-Craft Industries, Inc.Supreme Court of the United States · 1977
- Universal Minerals, Inc. v. C. A. Hughes & Co.Court of Appeals for the Third Circuit · 1981
- Samuel Weaver and Alice Weaver v. Marine BankCourt of Appeals for the Third Circuit · 1982
8 more not listed; retrieve them via the Exa API.
3Cited by66 opinions
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- Craftmatic Securities Litigation v. KraftsowCourt of Appeals for the Third Circuit · 1989
- United States v. SchiffCourt of Appeals for the Third Circuit · 2010
61 more not listed; retrieve them via the Exa API.