Biesenbach v. Guenther
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
ROSENN, Circuit Judge.
This appeal involves the scope of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) (1976) (Act), and Rule 10b-5, 17 C.F.R. § 240.10b-5 (1977), in view of the recent Supreme Court decision in Santa Fe Industries, Inc. v. Green, 430 U.S. 462, 97 S.Ct. 1292, 51 L.Ed.2d 480 (1977). Plaintiffs’ federal claims, brought in the United States District Court for the Eastern District of Pennsylvania, were dismissed for failure to state a claim upon which relief could be granted pursuant to Fed.R.Civ.P. 12(b)(6). As a result, plaintiffs’…
2Cases cited8 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Grand Opera Co. v. Twentieth Century-Fox Film Corp.Court of Appeals for the Seventh Circuit · 1956
- United States v. Frank Ricardo Scott, A/K/A "Reds," United States of America v. Bernis Lee Thurmon, A/K/A Benjamin ThorntonCourt of Appeals for the D.C. Circuit · 1975
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3Cited by65 opinions
- Craftmatic Securities Litigation v. KraftsowCourt of Appeals for the Third Circuit · 1989
- In Re Catanella and EF Hutton and Co.District Court, E.D. Pennsylvania · 1984
- Hauptmann v. WilentzDistrict Court, D. New Jersey · 1983
- Staffin v. GreenbergCourt of Appeals for the Third Circuit · 1982
- In Re Craftmatic Securities LitigationCourt of Appeals for the Third Circuit · 1990
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