Legal Opinion
Fed. Sec. L. Rep. P 96,780 Harold J. O'Brien v. Continental Illinois National Bank and Trust Company of Chicago, a National Banking Association
Court of Appeals for the Seventh Circuit
Decided April 5, 1979No. 78-1111, 78-1112, 78-1115, 78-1117, 78-1704 to 78-1706 and 78-1708PublishedCited by 131 opinions
1Opinion of the Court
TONE, Circuit Judge.
The district court dismissed the federal securities law counts of the complaints in these six consolidated cases for failure to state a claim for relief under § 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Subsequently the court dismissed pendent state law counts alleging breaches of fiduciary duty. Final judgments were entered for the defendants. We hold that the court was correct in dismissing the federal securities counts but reverse the judgments with directions to reinstate the pendent claims.
The facts pleaded in the several complaints are…
2Cases cited44 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Dandridge v. WilliamsSupreme Court of the United States · 1970
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cort v. AshSupreme Court of the United States · 1975
- Hagans v. LavineSupreme Court of the United States · 1974
39 more not listed; retrieve them via the Exa API.
3Cited by131 opinions
- Quality Foods De Centro America, S.A. And Duroparts De El Salvador, S.A. v. Latin American Agribusiness Development Corporation, S.A.Court of Appeals for the Eleventh Circuit · 1983
- Junior Ray Duckworth, Cross-Appellants v. Gayle Franzen, Cross-AppelleesCourt of Appeals for the Seventh Circuit · 1986
- Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
- Blau Plumbing, Inc. v. S.O.S. Fix-It, Inc., D/B/A A-Aaaabaab's Root RoddersCourt of Appeals for the Seventh Circuit · 1986
- Anny Newman v. Diana BurginCourt of Appeals for the First Circuit · 1991
126 more not listed; retrieve them via the Exa API.