Legal Opinion
Gabrielsen v. BancTexas Group, Inc.
District Court, N.D. Texas
Decided June 17, 1987No. Civ. A. CA3-85-2275-DPublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
FITZWATER, District Judge.
Plaintiffs move to certify a class in this securities fraud action. The controlling question presented is whether plaintiffs have standing to assert their claims. Concluding that plaintiffs lack standing, the court dismisses the action. 1
I
BACKGROUND
Standing is a preliminary matter to be evaluated upon the allegations of the complaint. In re Beef Industry Antitrust Litigation, 600 F.2d 1148, 1168 (5th Cir.1979). As it must, the court accepts as true the well-pleaded allegations of the complaint and construes the complaint in favor of…
2Cases cited25 opinions
- Warth v. SeldinSupreme Court of the United States · 1975
- Valley Forge Christian College v. Americans United for Separation of Church and State, Inc.Supreme Court of the United States · 1982
- Simon v. Eastern Kentucky Welfare Rights OrganizationSupreme Court of the United States · 1976
- Flast v. CohenSupreme Court of the United States · 1968
- Duke Power Co. v. Carolina Environmental Study Group, Inc.Supreme Court of the United States · 1978
20 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- In Re Bank of Boston Corp. Securities LitigationDistrict Court, D. Massachusetts · 1991
- Alfus v. Pyramid Technology Corp.District Court, N.D. California · 1991
- 7547 Corp. v. Parker & Parsley Development Partners, L.P.Court of Appeals for the Fifth Circuit · 1994
- Boykin v. Arthur Andersen & Co.Supreme Court of Alabama · 1994
- Adair v. SorensonDistrict Court, D. Massachusetts · 1991
6 more not listed; retrieve them via the Exa API.