Legal Opinion

Isadore Blau v. Max Factor & Company

Court of Appeals for the Ninth Circuit

Decided February 24, 1965No. 19202PublishedCited by 53 opinions

1Opinion of the Court

BROWNING, Circuit Judge:

Appellant, a stockholder of Max Factor & Co., brought this action under section 16(b) of the Securities Exchange Act of 1934, 15 U.S.C.A. § 78p(b), 1 to re- \ cover, on behalf of the corporation, profits said to have been realized by corporate insiders in a short-swing speculation in the company’s Class A stock. The district court granted appellees’ motion for summary judgment. We affirm.

Prior to 1947 Max Factor & Co. was a family corporation. In that year Max Factor Common stock was offered to the public. Class A stock was issued in the following year. It was created…

2Cases cited18 opinions

  1. Blau v. LehmanSupreme Court of the United States · 1962
  2. Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
  3. Park & Tilford, Inc. v. SchulteCourt of Appeals for the Second Circuit · 1947
  4. Blau v. Mission Corp.Court of Appeals for the Second Circuit · 1954
  5. Shaw v. DreyfusCourt of Appeals for the Second Circuit · 1949

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

3Cited by53 opinions

  1. Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
  2. Reliance Electric Co. v. Emerson Electric Co.Supreme Court of the United States · 1972
  3. Fed. Sec. L. Rep. P 92,683 John Bershad v. Bernard P. McDonoughCourt of Appeals for the Seventh Circuit · 1970
  4. Whittaker v. Whittaker Corp.Court of Appeals for the Ninth Circuit · 1981
  5. Blau v. LambCourt of Appeals for the Second Circuit · 1966

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API