Legal Opinion
Tucker v. Arthur Andersen & Co.
District Court, S.D. New York
Decided May 22, 1975No. 73 Civ. 4259 (HFW)PublishedCited by 42 opinions
1Opinion of the Court
OPINION AND ORDER
WERKER, District Judge.
Sprouting and multiplying “like the leaves of the green bay tree”1 class actions have paralleled the rapid growth and expansion of private litigation for violations of Section 10(b) of the Securities Act of 1934 (15 U.S.C. § 78j(b)) and Rule 10b-5 (17 C.F.R. § 240.10(b)-5). Courts are still in the nascent stages of defining the contours of the substantive element of 10b-5 claims and of forming meaningful standards for class action certification. When a 10b-5 claim is framed in the procedural context of a class action the problems facing the district…
2Cases cited66 opinions
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Zahn v. International Paper Co.Supreme Court of the United States · 1973
- Reuben J. Katz, on Behalf of Himself and All Others Similarly Situated v. Carte Blanche CorporationCourt of Appeals for the Third Circuit · 1974
61 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
- 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
- Dura-Bilt Corp. v. Chase Manhattan Corp.District Court, S.D. New York · 1981
- Schwartz v. HarpDistrict Court, C.D. California · 1985
- In Re Seagate Technology II Securities LitigationDistrict Court, N.D. California · 1994
37 more not listed; retrieve them via the Exa API.