Legal Opinion

Michaels v. Michaels

Court of Appeals for the Seventh Circuit

Decided July 3, 1985No. Nos. 84-1631, 84-1714PublishedCited by 84 opinions

1Opinion of the Court

HARLINGTON WOOD, Jr., Circuit Judge.

This case involves a family squabble between the plaintiff Joseph Michaels and his uncles, defendants Ralph Michaels and Everett Michaels.1 Joseph claims that when he sold his stock in the family business, the Hyman-Michaels Company (“the Company”), to the Company in January of 1976, his uncles misstated and withheld material information that, if revealed, would have affected his decision to sell. Joseph subsequently brought this action, alleging that his uncles and the Company had violated section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5…

2Cases cited43 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  4. Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
  5. Kelsay v. Motorola, Inc.Illinois Supreme Court · 1978

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3Cited by84 opinions

  1. James S. Jordan, Cross-Appellee v. Duff and Phelps, Inc., Claire v. Hansen, and Francis E. Jeffries, Defendants- Cross-AppellantsCourt of Appeals for the Seventh Circuit · 1987
  2. Castellano v. Young & Rubicam, Inc.Court of Appeals for the Second Circuit · 2001
  3. James Deppe, William Deppe, William Clinton Deppe, and Charles Stephen Aggert v. Herman Tripp and Howard WeitekampCourt of Appeals for the Seventh Circuit · 1988
  4. United States v. William P. Reilly, United States of America v. John Patrick DowdCourt of Appeals for the Third Circuit · 1994
  5. Fed. Sec. L. Rep. P 93,906 Herbert J. Rowe, Cross-Appellants v. Maremont Corporation, Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1988

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