T.J. Raney & Sons, Inc. v. Fort Cobb, Oklahoma Irrigation Fuel Authority
Court of Appeals for the Tenth Circuit
1Opinion of the Court
SETH, Chief Judge.
This is an interlocutory appeal from the trial court’s denial of the defendants' motion to decertify the underlying action as a class action. This question necessarily requires an answer as to whether this circuit should adopt some form of the fraud on the market theory in securities litigation arising under Rule 10b-5. See Bowe v. First of Denver Mortgage Investors, 562 F.2d 640 (10th Cir.1977), and West v. Capitol Federal Sav. and Loan Association, 558 F.2d 977 (10th Cir.1977).
The plaintiff, T.J. Raney & Sons, Inc., is a broker-dealer of securities. Raney was involved in…
2Cases cited17 opinions
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
- List v. Fashion Park, Inc.Court of Appeals for the Second Circuit · 1965
- Fed. Sec. L. Rep. P 98,033 James L. Shores, Jr., as of the Estate of Clarence E. Bishop, Jr., Etc. v. Jerald H. SklarCourt of Appeals for the Fifth Circuit · 1981
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- CGC Holding Co. v. Broad & CasselCourt of Appeals for the Tenth Circuit · 2014
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