Legal Opinion
Weisman v. Darneille
District Court, S.D. New York
Decided April 19, 1978No. 77 Civ. 2110 (LFM)PublishedCited by 37 opinions
1Opinion of the Court
OPINION
MacMAHON, District Judge.
Plaintiff moves, pursuant to Rule 23(c), Fed.R.Civ.P., for class certification in this action.
The complaint alleges that certain officers and directors of Westates Petroleum Company (Westates) and other individuals used their inside knowledge and made false S.E.C. filings to profit illegally from Westates’ liquidation. Plaintiff, a Westates shareholder, brought this direct action under Section 10(b)1 of the Securities Exchange Act of 1934 and Rule 10b-52 to recover the wrongful profits.3 He now seeks to represent “all persons, exclusive of defendants, who owned…
2Cases cited8 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Elmo E. Koos, Sr. And Caroline M. Koos v. First National Bank of PeoriaCourt of Appeals for the First Circuit · 1974
- Fed. Sec. L. Rep. P 93,401 J. Ralph Saylor v. Thayer Lindsley, and Roseanne Horn, Michael J. McLaughlin Objectors-Appellants, and Abraham I. MarkowitzCourt of Appeals for the Second Circuit · 1972
- In re ChuNew York Court of Appeals · 1977
- Greenspan v. BrasslerDistrict Court, S.D. New York · 1978
3 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- Pirelli Armstrong Tire Corp. v. LaBranche & Co.District Court, S.D. New York · 2004
- Forsyth v. Lake LBJ Investment Corp., Texas Court of Appeals, 3rd District (Austin)1995
- Buford v. H & R Block, Inc.District Court, S.D. Georgia · 1996
- Kline v. WolfDistrict Court, S.D. New York · 1981
- Jane B. v. New York City Department of Social ServicesDistrict Court, S.D. New York · 1987
32 more not listed; retrieve them via the Exa API.