Legal Opinion
Patricia B. Taylor v. First Union Corporation of South Carolina, Formerly Southern Bancorporation, Inc. First Union Corporation
Court of Appeals for the First Circuit
Decided October 21, 1988No. 88-2503PublishedCited by 61 opinions
1Opinion of the Court
WILKINSON, Circuit Judge:
In February 1984, plaintiff Patricia Taylor and her husband, Bennie Taylor, sold their stock in Southern Bancorporation, Inc. to First Union Corporation for $18 a share. In September 1985, Southern and First Union entered into a merger agreement, and First Union offered to purchase all outstanding stock in Southern for $33 a share. Plaintiff filed suit against Southern and First Union alleging violations of § 10(b) of the Securities Exchange Act of 1934 and breach of fiduciary duty in connection with defendants’ failure to disclose their merger discussions and their…
2Cases cited17 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Tully v. Mott Supermarkets, Inc.Court of Appeals for the Third Circuit · 1976
- James S. Jordan, Cross-Appellee v. Duff and Phelps, Inc., Claire v. Hansen, and Francis E. Jeffries, Defendants- Cross-AppellantsCourt of Appeals for the Seventh Circuit · 1987
12 more not listed; retrieve them via the Exa API.
3Cited by61 opinions
- Roman Zak v. Chelsea Therapeutics InternationalCourt of Appeals for the Fourth Circuit · 2015
- Glazer v. Formica Corp.Court of Appeals for the Second Circuit · 1992
- Fed. Sec. L. Rep. P 98,222 William M. McCormick v. The Fund American Companies, Inc., a Delaware CorporationCourt of Appeals for the Ninth Circuit · 1994
- Employees' Retirement System v. Williams CompaniesCourt of Appeals for the Tenth Circuit · 2018
- Robert Yates v. Municipal Mortgage & EquityCourt of Appeals for the Fourth Circuit · 2014
56 more not listed; retrieve them via the Exa API.