Legal Opinion
Fed. Sec. L. Rep. P 98,222 William M. McCormick v. The Fund American Companies, Inc., a Delaware Corporation
Court of Appeals for the Ninth Circuit
Decided May 20, 1994No. 92-16750PublishedCited by 95 opinions
1Opinion of the Court
Opinion by Judge FLETCHER.
FLETCHER, Circuit Judge:
Plaintiff William M. McCormick appeals the dismissal of his claims on summary judgment. Between 1983 and 1989, McCormick was CEO of the Fireman’s Fund Insurance Company (FFIC), a wholly-owned subsidiary of defendant Fund American Companies (FAC). When McCormick resigned from FFIC, he owned approximately 500,000 performance shares and option shares in FAC. The vesting period for these securities ran through the end of 1991. McCormick sold all of his securities back to FAC in May 1990. At that time, FAC was involved in negotiations for the sale…
2Cases cited26 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- In Re Apple Computer Securities LitigationCourt of Appeals for the Ninth Circuit · 1989
- Jones v. H. F. Ahmanson & Co.California Supreme Court · 1969
- Keating v. Cinema 7, Inc.Supreme Court of the United States · 1990
21 more not listed; retrieve them via the Exa API.
3Cited by95 opinions
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- Jules Brody Joyce T. Crawford v. Transitional Hospitals Corporation Wendy L. Simpson Richard L. ConteCourt of Appeals for the Ninth Circuit · 2002
- Castellano v. Young & Rubicam, Inc.Court of Appeals for the Second Circuit · 2001
- Lipton v. Pathogenesis Corp.Court of Appeals for the Ninth Circuit · 2002
- Lipton v. Pathogenesis Corp.Court of Appeals for the Ninth Circuit · 2002
90 more not listed; retrieve them via the Exa API.