Legal Opinion

In Re General Motors Class E Stock Buyout Securities Litigation

District Court, D. Delaware

Decided September 7, 1988No. Master File Misc. 87-47PublishedCited by 47 opinions

1Opinion of the Court

OPINION

MURRAY M. SCHWARTZ, Chief Judge.

Plaintiff shareholders filed class and derivative claims against General Motors Corporation (“GM”) as a nominal defendant, certain directors of GM, and H. Ross Perot, former director of GM and former chairman of the board of Directors of Electronic Data Systems (“EDS”). They contest GM’s purchase of GM Class E stock and contingent note from Perot and three other EDS officers.

The defendants have filed motions to dismiss all six counts in the Second Amended Consolidated Complaint (“the Complaint”). The Counts are as follows: Count I, a class claim under…

2Cases cited48 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Warth v. SeldinSupreme Court of the United States · 1975
  3. Simon v. Eastern Kentucky Welfare Rights OrganizationSupreme Court of the United States · 1976
  4. O'Shea v. LittletonSupreme Court of the United States · 1974
  5. Hughes v. RoweSupreme Court of the United States · 1980

43 more not listed; retrieve them via the Exa API.

3Cited by47 opinions

  1. Albert Oran Terry Adolphs Philip Morris James Doyle Lupo Paul H. Maurer, Individually and on Behalf of a Class of Others Similarly Situated v. John R. Stafford Robert G. Blount Joseph J. Carr Louis L. Hoynes, Jr. William J. Murray David M. Olivier John R. Considine Paul J. Jones Fred Hassan American Home Products CorporationCourt of Appeals for the Third Circuit · 2000
  2. Levine v. SmithSupreme Court of Delaware · 1991
  3. United States v. SchiffCourt of Appeals for the Third Circuit · 2010
  4. Castellano v. Young & Rubicam, Inc.Court of Appeals for the Second Circuit · 2001
  5. Oran v. StaffordCourt of Appeals for the Third Circuit · 2000

42 more not listed; retrieve them via the Exa API.

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