Legal Opinion

Fed. Sec. L. Rep. P 98,867 Darrell B. Searls, on Behalf of Himself and All Others Similarly Situated v. James J. Glasser

Court of Appeals for the Seventh Circuit

Decided November 29, 1995No. 94-3572PublishedCited by 122 opinions

1Opinion of the Court

BAUER, Circuit Judge.

Darrell Searls filed this class action against officers of GATX Corporation, alleging claims arising under the Securities Exchange Act of 1934 (“Act”), 15 U.S.C. §§ 78j(b), 78t(a), as well as under state common law. The district court granted the defendants’ motion for summary judgment. Searls appeals; we affirm.

GATX is a Chicago-based holding company consisting of five subsidiaries which engage in a variety of diverse operations. GATX’s second largest subsidiary, GATX Capital (“Capital”), buys and then leases aircraft and railcars. At the end of a given lease, Capital…

2Cases cited18 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  3. Fed. Sec. L. Rep. P 95,887 Sundstrand Corporation v. Sun Chemical CorporationCourt of Appeals for the Seventh Circuit · 1977
  4. In Re Apple Computer Securities LitigationCourt of Appeals for the Ninth Circuit · 1989
  5. Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981

13 more not listed; retrieve them via the Exa API.

3Cited by122 opinions

  1. In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
  2. Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
  3. Cheryl A. Gile v. United Airlines, IncorporatedCourt of Appeals for the Seventh Circuit · 1996
  4. Parnes v. Gateway 2000, Inc.Court of Appeals for the Eighth Circuit · 1997
  5. Diana Packman v. Chicago Tribune Company, an Illinois Corporation, and Front Page News, Incorporated, a California CorporationCourt of Appeals for the Seventh Circuit · 2001

117 more not listed; retrieve them via the Exa API.

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