Legal Opinion

Fed. Sec. L. Rep. P 93,773 Financial Industrial Fund, Inc., a Maryland Corporation v. McDonnell Douglas Corporation, a Maryland Corporation

Court of Appeals for the Tenth Circuit

Decided April 5, 1973No. 71-1387-71-1389PublishedCited by 35 opinions

1Opinion of the Court

PER CÜRIAM.

The plaintiff, Financial Industrial Fund, Inc., a mutual fund or management investment company, brought this damage action against McDonnell Douglas Corporation, and against the underwriter of Douglas, Merrill Lynch, Pierce, Fenner & Smith, Inc. The action is based on Rule 10b-5 of the Securities and Exchange Commission. Trial was to a jury which rendered verdicts against the defendants in the amount of $712,500.00. An appeal was taken initially by the several defendants, but the appeal as now perfected concerns only the plaintiff and the defendant, McDonnell Douglas Corporation.

The…

2Cases cited12 opinions

  1. Briggs v. SpauldingSupreme Court of the United States · 1891
  2. Manuel M. Ellis v. Victor Carter, Etc.Court of Appeals for the Ninth Circuit · 1961
  3. Parrent v. Midwest Rug Mills, Inc.Court of Appeals for the Seventh Circuit · 1972
  4. Mitchell v. Texas Gulf Sulphur Co.Court of Appeals for the Tenth Circuit · 1971
  5. Gilbert v. NixonCourt of Appeals for the Tenth Circuit · 1970

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

3Cited by35 opinions

  1. Iit, An International Investment Trust v. Bernard CornfeldCourt of Appeals for the Second Circuit · 1980
  2. Arnold B. ELKIND, Plaintiff-Appellee-Cross-Appellant, v. LIGGETT & MYERS, INC., Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1980
  3. IIT v. CornfeldCourt of Appeals for the Second Circuit · 1980
  4. Goldberg v. MeridorCourt of Appeals for the Second Circuit · 1977
  5. Rochez Bros., Inc. v. RhoadesCourt of Appeals for the Third Circuit · 1974

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

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