Legal Opinion
Rheem Manufacturing Company, a Corporation v. R. S. Rheem, Ann J. Mathes, Intervenor
Court of Appeals for the Ninth Circuit
Decided October 13, 1961No. 17206_1PublishedCited by 29 opinions
1Opinion of the Court
ORR, Circuit Judge.
At the request of Ann J. Mathes, one of its stockholders, appellant company instituted a suit for the recovery of profits realized by appellee Richard S. Rheem from the alleged purchase and sale, within six months, of securities in Rheem Manufacturing Company (hereinafter the Company) listed on the New York Stock Exchange. In its suit the Company sought to invoke the “insider trading” provisions of the Securities Ex change Act of 1934, 15 U.S.C.A. § 78p (b). 1
We reach the conclusion that the judgment of the trial court should be affirmed.
The Board of Directors of the…
2Cases cited8 opinions
- Schlemmer v. Buffalo, Rochester & Pittsburg Railway Co.Supreme Court of the United States · 1907
- Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
- Park & Tilford, Inc. v. SchulteCourt of Appeals for the Second Circuit · 1947
- Truncale v. BlumbergDistrict Court, S.D. New York · 1948
- Stella Ex Rel. Kaiser-Frazer Corp. v. Graham-Paige Motors Corp.District Court, S.D. New York · 1955
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3Cited by29 opinions
- Analytical Surveys, Inc. v. Tonga Partners, L.P.Court of Appeals for the Second Circuit · 2012
- United States v. Paul v. OatesCourt of Appeals for the Second Circuit · 1977
- Whittaker v. Whittaker Corp.Court of Appeals for the Ninth Circuit · 1981
- Isadore Blau v. Max Factor & CompanyCourt of Appeals for the Ninth Circuit · 1965
- Western Auto Supply Company and Beneficial Finance Co. v. Gamble-Skogmo, Inc.Court of Appeals for the Eighth Circuit · 1965
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