Legal Opinion
Elkind v. Liggett & Myers, Inc.
District Court, S.D. New York
Decided November 17, 1978No. 73 Civ. 2837PublishedCited by 9 opinions
1Opinion of the Court
Findings of Fact and Conclusions of Law
MOTLEY, District Judge.
Plaintiff Arnold Elkind purchased 100 shares of Liggett & Myers, Inc. (Liggett) common stock on July 12, 1972 at $63% per share on the New York Stock Exchange. He sold these shares on December 27, 1972 at $38%. He brought this class action against Liggett alleging violations of Section 10(b) of the Securities Exchange Act of 1934 (Act) (15 U.S.C. § 78j) and Rule 10b-5 (17 C.F.R. § 10b-5). Elkind is a citizen of New Jersey and Liggett is a Delaware corporation with its principal place of business in North Carolina. Liggett is one of…
2Cases cited17 opinions
- Fed. Sec. L. Rep. P 94,473 Maurice Shapiro v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Second Circuit · 1974
- Fed. Sec. L. Rep. P 96,186 Securities and Exchange Commission v. Bausch & Lomb Incorporated and Daniel G. SchumanCourt of Appeals for the Second Circuit · 1977
- Tora C. Brennan v. Midwestern United Life Insurance Company, a CorporationCourt of Appeals for the Seventh Circuit · 1969
- Harold S. Lee v. Joseph E. Seagram & Sons, Inc.Court of Appeals for the Second Circuit · 1977
- Feit v. Leasco Data Processing Equipment CorporationDistrict Court, E.D. New York · 1971
12 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Arnold B. ELKIND, Plaintiff-Appellee-Cross-Appellant, v. LIGGETT & MYERS, INC., Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1980
- McFarland v. Memorex Corp.District Court, N.D. California · 1982
- State Teachers Retirement Board v. Fluor Corp.District Court, S.D. New York · 1980
- In re Victor Technologies Securities LitigationDistrict Court, N.D. California · 1984
- Koenig v. SmithDistrict Court, E.D. New York · 1980
4 more not listed; retrieve them via the Exa API.