Legal Opinion
Fed. Sec. L. Rep. P 96,537 William M. Reid, Individually and Derivatively on Behalf of Weatherby Engineering Co. v. H. D. Hughes
Court of Appeals for the Fifth Circuit
Decided August 21, 1978No. 76-3673PublishedCited by 36 opinions
1Opinion of the Court
FAY, Circuit Judge:
This appeal raises a variety of difficult questions under the Securities Exchange Act of 1934. Suing individually and derivatively, William M. Reid charged the defendants with a multitude of sins including violations of Section 10(b) and Rule 10b-5 of the 1934 Act. 1 The district court granted the defendants’ motion to dismiss for failure to state a claim upon which relief can be granted. 2 The basis of the district court’s order was evidently a determination that the plaintiff had failed to allege in his complaint that either he or the company on whose behalf he brought…
2Cases cited8 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Cort v. AshSupreme Court of the United States · 1975
- 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
3 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Fed. Sec. L. Rep. P 96,861 Gerald Mansbach v. Prescott, Ball & TurbenCourt of Appeals for the Sixth Circuit · 1979
- Fed. Sec. L. Rep. P 97,567 Edmond G. Pharo v. W. L. SmithCourt of Appeals for the Fifth Circuit · 1980
- Fed. Sec. L. Rep. P 96,609 National Bank of Commerce of Dallas v. All American Assurance CompanyCourt of Appeals for the Fifth Circuit · 1978
- Edwin F. Gordon, Cross-Appellee v. E. G. Green, Gustave T. Broberg, Jr., Cross-AppellantCourt of Appeals for the Fifth Circuit · 1979
- Pelletier v. Stuart-James Co.Court of Appeals for the Eleventh Circuit · 1989
31 more not listed; retrieve them via the Exa API.