Legal Opinion
Caravan Mobile Home Sales, Inc. v. Lehman Brothers Kuhn Loeb, Inc.
Court of Appeals for the Ninth Circuit
Decided August 20, 1985No. 84-2099PublishedCited by 5 opinions
1Opinion of the Court
CANBY, Circuit Judge:
Edwin Parish, the sole trustee of two employee trusts of Caravan Mobile Home Sales, Inc. (Caravan) brought this action for securities fraud on behalf of Caravan against Lehman Brothers Kuhn Loeb, Inc., Frederick Frank, and Phillip Parham. Caravan alleged that the defendants traded on inside information and breached a fiduciary duty. The district court entered summary judgment in favor of the defendants on the federal securities claims and dismissed the pendent state securities and fraud claims. At issue on appeal are whether the district court abused its discretion in…
2Cases cited13 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Chiarella v. United StatesSupreme Court of the United States · 1980
8 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- In Re Washington Public Power Supply System Securities LitigationDistrict Court, W.D. Washington · 1986
- Securities And Exchange Commission v. RogersCourt of Appeals for the Ninth Circuit · 1986
- In Re Convergent Technologies Securities LitigationDistrict Court, N.D. California · 1988
- Unity House, Inc. v. North Pacific Investments, Inc.District Court, D. Hawaii · 1996
- Caravan Mobile Home Sales, Inc. v. Lehman Brothers Kuhn Loeb, Inc.Court of Appeals for the Ninth Circuit · 1985