Legal Opinion

Newby v. Enron Corp.

District Court, S.D. Texas

Decided January 9, 2002No. CIV.A. H-01-3624, CIV.A. H-01-4198PublishedCited by 21 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

ROSENTHAL, District Judge.

In this securities class action alleging insider trading, plaintiff, Amalgamated Bank, asked this court to issue a temporary restraining order against twenty-nine current and former officers, inside directors, and outside directors of Enron Corporation, “freezing” the proceeds from their sales of Enron securities from October 19, 1998 to November 27, 2001. The narrow issues addressed in this opinion are whether this court has the authority to issue such an order and whether the present record provides the necessary support. This opinion…

2Cases cited48 opinions

  1. Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
  2. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  3. Mertens v. Hewitt AssociatesSupreme Court of the United States · 1993
  4. J. I. Case Co. v. BorakSupreme Court of the United States · 1964
  5. Franklin v. Gwinnett County Public SchoolsSupreme Court of the United States · 1992

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3Cited by21 opinions

  1. Charlesbank Equity Fund II v. Blinds to Go, Inc.Court of Appeals for the First Circuit · 2004
  2. Kevin Lampkin v. UBS Painewebber, Inc., etCourt of Appeals for the Fifth Circuit · 2019
  3. Leonard v. Optimal Payments Ltd. (In Re National Audit Defense Network)United States Bankruptcy Court, D. Nevada · 2005
  4. Securities and Exchange Commission v. CavanaghCourt of Appeals for the Second Circuit · 2006
  5. Gordon v. Sonar Capital Management LLCDistrict Court, S.D. New York · 2015

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