Jules Brody Joyce T. Crawford v. Transitional Hospitals Corporation Wendy L. Simpson Richard L. Conte
Court of Appeals for the Ninth Circuit
1Opinion of the Court
BERZON, Circuit Judge.
In this case we address several securities fraud issues, centering on whether a plaintiff must have traded at about the same time as the insider it alleges violated securities laws. Jules Brody and Joyce T. Crawford brought suit against Transitional Hospital Corporation (“THC” or “the company”) and its officers claiming violations of the Securities and Exchange Act of 1934 (“Exchange Act”) and state law because the defendants both traded in reliance on inside information and released misleading public information. The district court granted the defendant’s motion to…
2Cases cited17 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Piper v. Chris-Craft Industries, Inc.Supreme Court of the United States · 1977
- Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991
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- Inter-Local Pension Fund Gcc/i v. Rigel Pharmaceuticals, Inc.Court of Appeals for the Ninth Circuit · 2012
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