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
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
- Briggs v. SpauldingSupreme Court of the United States · 1891
- Manuel M. Ellis v. Victor Carter, Etc.Court of Appeals for the Ninth Circuit · 1961
- Parrent v. Midwest Rug Mills, Inc.Court of Appeals for the Seventh Circuit · 1972
- Mitchell v. Texas Gulf Sulphur Co.Court of Appeals for the Tenth Circuit · 1971
- Gilbert v. NixonCourt of Appeals for the Tenth Circuit · 1970
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- Iit, An International Investment Trust v. Bernard CornfeldCourt of Appeals for the Second Circuit · 1980
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- IIT v. CornfeldCourt of Appeals for the Second Circuit · 1980
- Goldberg v. MeridorCourt of Appeals for the Second Circuit · 1977
- Rochez Bros., Inc. v. RhoadesCourt of Appeals for the Third Circuit · 1974
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