Legal Opinion
Charles B. Cannon v. U. S. Acoustics Corporation
Court of Appeals for the Seventh Circuit
Decided March 31, 1976No. 75-1810PublishedCited by 54 opinions
1Per curiam
Plaintiff Charles B. Cannon and three other individual stockholders of U. S. Acoustics Corporation (“Acoustics”), a Florida corporation, and of its subsidiary, International Perlite Products, S. A., a Panamanian corporation, filed a suit against those corporations and four individuals “constituting the dominant and controlling shareholders, directors and officers” of the corporations. Counts I and IV were derivative actions alleging violations of Section 10 of the Securities Exchange Act of 1934 (15 U.S.C. § 78j) and Rule 10b-5 of the Securities and Exchange Commission (17 C.F.R. §…
2Cases cited5 opinions
- Emle Industries, Inc. v. Patentex, Inc.Court of Appeals for the Second Circuit · 1973
- Hamilton Die Cast, Inc. v. United States Fidelity and Guaranty CompanyCourt of Appeals for the Seventh Circuit · 1975
- Cannon v. US Acoustics CorporationDistrict Court, N.D. Illinois · 1975
- Chugach Electric Ass'n v. United States District CourtCourt of Appeals for the Ninth Circuit · 1966
- Gordon S. Mark v. McDonnell & Co., Inc.Court of Appeals for the Seventh Circuit · 1971
3Cited by54 opinions
- Alfred B. Freeman v. Chicago Musical Instrument Co.Court of Appeals for the Seventh Circuit · 1982
- Analytica, Incorporated v. Npd Research, Inc., Defendant-Cross-Appellant-Cross-Appellee. Appeals of Schwartz & Freeman and Pressman and Hartunian ChtdCourt of Appeals for the Seventh Circuit · 1983
- Lasalle National Bank and Lake Properties Venture v. County of Lake and the Village of GrayslakeCourt of Appeals for the Seventh Circuit · 1983
- Westinghouse Electric Corporation v. Gulf Oil Corporation, and United Nuclear CorporationCourt of Appeals for the Seventh Circuit · 1978
- Dr. Ing. Max Schloetter v. Railoc of Indiana, Inc.Court of Appeals for the Seventh Circuit · 1976
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