Legal Opinion

Medtox Scientific, Inc. v. Morgan Capital L.L.C.

District Court, D. Minnesota

Decided June 3, 1999No. Civ. 97-253 ADM/AJBPublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER. MONTGOMERY, District Judge.

I. INTRODUCTION

Plaintiff Medtox Scientific, Inc. (“Med-tox”), fik/a Editek, Inc. (“Editek”), 1 filed this action on January 31, 1997, to recover alleged short-swing insider profits realized by Defendant Morgan Capital L.L.C. (“Morgan Capital”) and its alleged control persons, Defendants Alex and David Bis-tricer (“Bistricers”), on a series of 1996 transactions involving Editek stock. On August 4, 1997, Judge Richard H. Kyle of this Court dismissed Plaintiffs Complaint for failure to state a claim upon which relief can be granted. See…

2Cases cited17 opinions

  1. Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
  2. Foremost-McKeeson, Inc. v. Provident Securities Co.Supreme Court of the United States · 1976
  3. Frey v. City of HerculaneumCourt of Appeals for the Eighth Circuit · 1995
  4. Park & Tilford, Inc. v. SchulteCourt of Appeals for the Second Circuit · 1947
  5. Hamm v. GrooseCourt of Appeals for the Eighth Circuit · 1994

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3Cited by3 opinions

  1. CIBC World Markets, Inc. v. Deutsche Bank Securities, Inc.District Court, D. New Jersey · 2004
  2. Medtox Scientific, Inc., Formerly Known as Editek, Inc. v. Morgan Capital, L.L.C., Alex Bistricer, David BistricerCourt of Appeals for the Eighth Circuit · 2001
  3. Bistricer v. Singer, Bienenstock, Zamansky, Ogele & Selengut, LLPAppellate Division of the Supreme Court of the State of New York · 2005

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