Legal Opinion
Fed. Sec. L. Rep. P 98,833 Lawrence H. Levner v. Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, and Citicorp
Court of Appeals for the Second Circuit
Decided July 26, 1995No. 1534, Docket 94-9134PublishedCited by 20 opinions
1Opinion of the Court
JON O. NEWMAN, Chief Judge:
This appeal by Lawrence H. Levner, a shareholder of appellee Citicorp, presents issues relating to the adequacy of demand in a shareholder derivative suit and the propriety of a grant of summary judgment against appellant on his claim for violations of section 16(b) of the Securities Exchange Act of 1984, 15 U.S.C. § 78p(b) (1988). The District Court for the Southern District of New York (Loretta A. Preska, Judge) held, with respect to the first issue, that appellant’s demand on the board of directors of Citicorp did not meet the requirements of Fed.R.Civ.P. 23.1.…
2Cases cited3 opinions
- Citadel Holding Corp., a Delaware Corporation v. Alfred Roven American Underwriters, Inc., a Delaware CorporationCourt of Appeals for the Ninth Circuit · 1994
- Levner v. SaudDistrict Court, S.D. New York · 1994
- Penguin 3rd Avenue Food Corp. v. Brook-Rock AssociatesAppellate Division of the Supreme Court of the State of New York · 1991
3Cited by20 opinions
- Richard Morales v. Quintel Entertainment, Inc. And Peter StolzCourt of Appeals for the Second Circuit · 2001
- Mark Levy, Derivatively on Behalf of Immunogen Inc. v. Southbrook International Investments, Ltd. And Immunogen, Inc., Nominal-Defendant-AppelleeCourt of Appeals for the Second Circuit · 2001
- Simmonds v. Credit Suisse Securities LLCCourt of Appeals for the Ninth Circuit · 2010
- Lerner v. PrinceAppellate Division of the Supreme Court of the State of New York · 2014
- Richelson v. YostDistrict Court, E.D. Pennsylvania · 2010
15 more not listed; retrieve them via the Exa API.