Legal Opinion
Fed. Sec. L. Rep. P 94,022 Securities & Exchange Commission v. Joseph C. Fox, David L. Ball, and Patricia J. Randall
Court of Appeals for the Fifth Circuit
Decided September 21, 1988No. 87-1526PublishedCited by 21 opinions
1Opinion of the Court
GOLDBERG, Circuit Judge:
“All the world’s a stage,” and this drama was played in two acts: the first set in the financial centers of Dallas and Wall Street; and the second set in a courtroom in Lubbock, Texas.
The financial drama began on June 10, 1983, when Texas Instruments, Inc. (“TI”), announced both a $100 million second quarter loss, and substantially reduced sales forecasts for TI’s home computer. This announcement caused the price of TI stock to drop over $50 during the next two trading days. Unusual trading patterns in TI stocks and options suggested to investigators of the Securities…
2Cases cited19 opinions
- Pierce v. UnderwoodSupreme Court of the United States · 1988
- Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
14 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Zulema De La Garza Perales, Cross-Appellants v. Richard Casillas, Cross-AppelleesCourt of Appeals for the Fifth Circuit · 1992
- In Re Enron Corp. Sec., Derivative & ERISA Lit.District Court, S.D. Texas · 2003
- J. Jesus Faustino Aguilar-Ayala v. Cecilio Ruiz, Etc.Court of Appeals for the Fifth Circuit · 1992
- Texas National Bank v. Sandia Mortgage Corporation v. William B. NelsonCourt of Appeals for the Fifth Circuit · 1989
- Davidson v. VenemanCourt of Appeals for the Fifth Circuit · 2003
16 more not listed; retrieve them via the Exa API.