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Legal Opinion

In Re Westec Corporation

United States Judicial Panel on Multidistrict Litigation

Decided December 18, 1969No. Docket 27PublishedCited by 9 opinions

1Opinion of the Court

OPINION AND ORDER

2Per curiam

Westec Corporation (Westec) was formed in 1.964 through the merger of Western Equities Corporation (Western) and Geo-Space Corporation (Geo-Space). Western stock had been traded on the American Stock Exchange and Westec took over this listing. Following the merger the stock advanced- from about three dollars per share to more than sixty-five dollars per share. On August 25, 1966 the American Stock Exchange suspended trading on Westec stock and on September 26, 1966 Westec filed a petition in the United States District Court for the Southern District of Texas for the…

3Cases cited3 opinions

  1. Schneider v. SearsDistrict Court, S.D. New York · 1967
  2. Wyndham Associates v. BintliffCourt of Appeals for the Second Circuit · 1968
  3. In Re Multidistrict Civil Actions Involving the Air Crash DisasterUnited States Judicial Panel on Multidistrict Litigation · 1968

4Cited by9 opinions

  1. Fed. Sec. L. Rep. P 98,777, 11 Fed. R. Evid. Serv. 781 Chemetron Corporation, Cross-Appellant v. Business Funds, Inc., Cross-AppelleesCourt of Appeals for the Fifth Circuit · 1982
  2. Shulman v. Goldman, Sachs & Co.District Court, S.D. New York · 1974
  3. In Re Penn Central Securities LitigationUnited States Judicial Panel on Multidistrict Litigation · 1971
  4. In Re Master Key Antitrust LitigationUnited States Judicial Panel on Multidistrict Litigation · 1971
  5. Carpenter v. HallDistrict Court, S.D. Texas · 1972

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