Legal Opinion

Truncale v. Blumberg

District Court, S.D. New York

Decided January 31, 1950PublishedCited by 25 opinions

1Opinion of the Court

RIFKIND, District Judge.

In the following discussion I shall assume familiarity with the decisions of Judge Medina in Truncale v. Blumberg, D.C.S.D.N.Y. 1948, 80 F.Supp. 387, and D.C., 8 F.R.D. 492. See also Truncale v. Blumberg, D.C.S.D.N.Y. 1948, 83 F.Supp. 628. These narrate the background facts against which the specific issues are herein decided.

The action was brought by a stockholder suing under § 16(b) of the Securities Ex change Act of 1934, 15 U.S.C.A. § 78p(b), in behalf of Universal Pictures Co., Inc., to recover shortswing profits realized by defendants from dealings in the…

2Cases cited5 opinions

  1. Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
  2. Shaw v. DreyfusCourt of Appeals for the Second Circuit · 1949
  3. Truncale v. BlumbergDistrict Court, S.D. New York · 1948
  4. Truncale v. BlumbergDistrict Court, S.D. New York · 1948
  5. Truncale v. BlumbergDistrict Court, S.D. New York · 1949

3Cited by25 opinions

  1. John Daniel v. International Brotherhood of Teamsters, Chauffeurs, Warehousemen and Helpers of AmericaCourt of Appeals for the Seventh Circuit · 1977
  2. Isadore Blau v. Max Factor & CompanyCourt of Appeals for the Ninth Circuit · 1965
  3. Greene v. DietzCourt of Appeals for the Second Circuit · 1957
  4. Stella Ex Rel. Kaiser-Frazer Corp. v. Graham-Paige Motors Corp.District Court, S.D. New York · 1955
  5. Blau v. HodgkinsonDistrict Court, S.D. New York · 1951

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