Legal Opinion
International Data Bank, Ltd. v. Zepkin
Court of Appeals for the Fourth Circuit
Decided February 20, 1987No. 86-2052PublishedCited by 80 opinions
1Opinion of the Court
WILKINSON, Circuit Judge:
Eugene Zepkin and Harold Grossman issued a stock prospectus for their new firm, International Data Bank (IDB). The outside investors, who have since ousted Zepkin and Grossman, now control IDB. IDB has sued Zepkin and Grossman, claiming that the prospectus included a fraudulent statement in violation of federal securities laws. IDB seeks treble damages and attorneys’ fees for civil violations of the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C. §§ 1961-68.
The district court dismissed the suit. It reasoned that IDB lacked standing to bring a RICO claim…
2Cases cited12 opinions
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Associated General Contractors of California, Inc. v. California State Council of CarpentersSupreme Court of the United States · 1983
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
- Margaret Morgan and Burton Morgan v. Bank of Waukegan, a Banking CorporationCourt of Appeals for the Seventh Circuit · 1986
7 more not listed; retrieve them via the Exa API.
3Cited by80 opinions
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
- Kehr Packages, Inc. v. Fidelcor, Inc.Court of Appeals for the Third Circuit · 1991
- United States v. Anthony IndelicatoCourt of Appeals for the Second Circuit · 1989
- Busby v. Crown Supply, Inc.Court of Appeals for the Fourth Circuit · 1990
- Al-Abood v. El-ShamariCourt of Appeals for the Fourth Circuit · 2000
75 more not listed; retrieve them via the Exa API.