Legal Opinion
IBS Financial Corp. v. Seidman & Associates, L.L.C.
Court of Appeals for the Third Circuit
Decided February 11, 1998No. 97-5056UnknownCited by 1 opinion
1Opinion of the Court
OPINION OF THE COURT
LOUIS H. POLLAK, District Judge.
This appeal arises from the district court’s final judgment in a suit, seeking inter alia, to enforce certain disclosure provisions of the Securities Exchange Act of 1934, 15 U.S.C. §§ 77b et seq. (the “Exchange Act”). The facts of the case revolve around the efforts of the IBSF Committee to Maximize Shareholder Value (“the Committee”) — a group of shareholders of IBS Financial Corporation (“IBSF”), a New Jersey corporation — to obtain two seats on IBSF’s seven-member board.
In the summer of 1996, some five months before the expected date of…
2Cases cited21 opinions
- Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985
- Rochez Brothers, Inc., a Pennsylvania Corporation v. Charles R. RhoadesCourt of Appeals for the Third Circuit · 1975
- Louis W. Epstein Family Partnership Levitz Furniture Corporation, Intervenor in D.C. v. Kmart CorporationCourt of Appeals for the Third Circuit · 1994
- Blasius Industries, Inc. v. Atlas Corp.Court of Chancery of Delaware · 1988
- Carlsen v. Masters, Mates & Pilots Pension Plan TrustSupreme Court of New Jersey · 1979
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3Cited by1 opinion
- Fed. Sec. L. Rep. P 90,139 Ibs Financial Corporation v. Seidman and Associates, L.L.C. Seidman and Associates Ii, L.L.C. Federal Holdings, L.L.C. Seidman Investment Partnership, L.P. Lawrence B. Seidman the Benchmark Company, Incorporated Benchmark Partners, L.P. Lorraine Di Paolo Richard Whitman Ernest Beier, Jr. And Dennis PollackCourt of Appeals for the Third Circuit · 1998