Legal Opinion

In Re Atlantic Financial Management, Inc. Securities Litigation

Court of Appeals for the First Circuit

Decided February 19, 1986No. 85-1454PublishedCited by 73 opinions

1Opinion of the Court

BREYER, Circuit Judge.

This appeal presents a certified question, 28 U.S.C. § 1292(b), arising in a Securities Act misrepresentation case. Securities Exchange Act of 1934, § 10(b), 15 U.S.C. § 78j(b); Rule 10b-5, 17 C.F.R. § 240.10b-5. The plaintiffs in the case claim that Maurice Strong, the chairman of AZL Resources, Inc., misrepresented certain facts as a result of which they bought AZL stock and later (when the stock’s price declined) lost money. The plaintiffs want to recover damages for the misrepresentation, not only from Strong, but also from AZL, Strong’s corporate employer. They…

2Cases cited19 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. American Society of Mechanical Engineers, Inc. v. Hydrolevel Corp.Supreme Court of the United States · 1982
  3. Fed. Sec. L. Rep. P 97,357 Marbury Management, Inc., and Harry Bader, Plaintiffs-Appellants-Appellees v. Alfred Kohn, and Wood, Walker & Co.Court of Appeals for the Second Circuit · 1980
  4. Rochez Brothers, Inc., a Pennsylvania Corporation v. Charles R. RhoadesCourt of Appeals for the Third Circuit · 1975
  5. SHARP, Stanley L. v. COOPERS & LYBRAND, AppellantCourt of Appeals for the Third Circuit · 1981

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3Cited by73 opinions

  1. Kay Hollinger Richard Llewelyn Jones Edward E. Nissen Judy D'Arcy K-Judy, Ltd. v. Titan Capital Corp. Emil Wilkowski Painter Financial Group, Ltd.Court of Appeals for the Ninth Circuit · 1990
  2. Institutional Investors Group v. Avaya, Inc.Court of Appeals for the Third Circuit · 2009
  3. Makor Issues & Rights, Ltd. v. Tellabs Inc.Court of Appeals for the Seventh Circuit · 2008
  4. Rebecca J. Schofield v. First Commodity Corporation of Boston, Rebecca J. Schofield v. First Commodity Corporation of BostonCourt of Appeals for the First Circuit · 1986
  5. Karen Jones v. Federated Financial Reserve Corporation Randy Lind Trw, Inc. Janice CaylorCourt of Appeals for the Sixth Circuit · 1998

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

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