Miller v. Asensio & Co.
Court of Appeals for the Fourth Circuit
1Opinion of the Court
Affirmed by published opinion. Judge DIANA GRIBBON MOTZ wrote the opinion, in which Judge GREGORY and Judge DUNCAN joined.
*225OPINION
DIANA GRIBBON MOTZ, Circuit Judge:
This appeal raises a question of first impression — does a finding of liability under Rule 10b-5 in a private securities case require an award of damages. We hold that it does not and reject the other appellate challenges put forward by the parties. Accordingly, we affirm the judgment of the district court entered on the basis of a jury verdict finding liability, but awarding no damages.
I
This case grows out of derogatory statements…
2Cases cited43 opinions
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
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3Cited by19 opinions
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- United States Securities & Exchange Commission v. Pirate Investor LLCCourt of Appeals for the Fourth Circuit · 2009
- In re PEC Solutions, Incorporated Securities LitigationCourt of Appeals for the Fourth Circuit · 2005
- In Re Mutual Funds Investment LitigationDistrict Court, D. Maryland · 2005
- Joseph C. Hubbard, State-Boston Retirement System v. BankAtlantic Bancorp, Inc.Court of Appeals for the Eleventh Circuit · 2012
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