Legal Opinion
Fed. Sec. L. Rep. P 97,319 Emily Greenapple v. The Detroit Edison Company
Court of Appeals for the Second Circuit
Decided March 17, 1980No. 207, Docket 79-7352PublishedCited by 54 opinions
1Opinion of the Court
MESKILL, Circuit Judge:
This appeal poses the issue of whether the accounting treatment of the cost of obtaining construction financing, as portrayed in a registration statement containing a prospectus covering appellee Detroit Edison Company’s 1972 stock offering, might have misled reasonably prudent investors as to a material aspect of that public utility’s financial condition. More particularly, the Court is called upon to decide if the inclusion of the cost of such funding under the heading of “other income,” pursuant to federally mandated regulations, taken together with other references…
2Cases cited13 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Fed. Sec. L. Rep. P 93,959 Frank Lanza, Jr. v. Drexel & Co., Theodore J. Kircher and Christie F. VitoloCourt of Appeals for the Second Circuit · 1973
- Rolf v. Blyth, Eastman Dillon & Co.Court of Appeals for the Second Circuit · 1978
8 more not listed; retrieve them via the Exa API.
3Cited by54 opinions
- In Re Morgan Stanley Information Fund SecuritiesCourt of Appeals for the Second Circuit · 2010
- Operating Local 649 Annuity Trust Fund v. Smith Barney Fund Management LLCCourt of Appeals for the Second Circuit · 2010
- Wielgos v. Commonwealth Edison Co.Court of Appeals for the Seventh Circuit · 1989
- Joel Kronfeld v. Trans World Airlines, Inc. Transworld CorporationCourt of Appeals for the Second Circuit · 1987
- I. Meyer Pincus & Associates, P.C. v. Oppenheimer & Co., Inc.Court of Appeals for the Second Circuit · 1991
49 more not listed; retrieve them via the Exa API.