Isadore Blau v. Max Factor & Company
Court of Appeals for the Ninth Circuit
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
- Blau v. LehmanSupreme Court of the United States · 1962
- Smolowe v. Delendo CorporationCourt of Appeals for the Second Circuit · 1943
- Park & Tilford, Inc. v. SchulteCourt of Appeals for the Second Circuit · 1947
- Blau v. Mission Corp.Court of Appeals for the Second Circuit · 1954
- Shaw v. DreyfusCourt of Appeals for the Second Circuit · 1949
13 more not listed; retrieve them via the Exa API.
3Cited by53 opinions
- Kern County Land Co. v. Occidental Petroleum Corp.Supreme Court of the United States · 1973
- Reliance Electric Co. v. Emerson Electric Co.Supreme Court of the United States · 1972
- Fed. Sec. L. Rep. P 92,683 John Bershad v. Bernard P. McDonoughCourt of Appeals for the Seventh Circuit · 1970
- Whittaker v. Whittaker Corp.Court of Appeals for the Ninth Circuit · 1981
- Blau v. LambCourt of Appeals for the Second Circuit · 1966
48 more not listed; retrieve them via the Exa API.