Legal Opinion
Robert F. Smith v. Waste Management, Inc., a Delaware Corporation
Court of Appeals for the Fifth Circuit
Decided April 15, 2005No. 04-20380PublishedCited by 31 opinions
1Opinion of the Court
KING, Chief Judge:
Plaintiff-Appellant Robert Smith, the former owner of several million, shares of Waste Management, Inc. stock, has sued Defendant-Appellee Waste Management for fraud and negligent misrepresentation in connection with losses he sustained when Waste Management’s share; price fell in late 1999. On appeal, Smith alleges that the district court erred when it found that his claims were derivative and barred by res judicata. For the following reasons, we AFFIRM the judgment of the district court.
I. FACTUAL AND PROCEDURAL BACKGROUND ■'
Robert Smith is a former officer and director of…
2Cases cited16 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Martin K. Eby Construction Company, Inc. v. Dallas Area Rapid TransitCourt of Appeals for the Fifth Circuit · 2004
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
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3Cited by31 opinions
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- Naranjo v. Universal Surety of AmericaDistrict Court, S.D. Texas · 2010
- First Horizon Merchant Services, Inc. v. Wellspring Capital Management, LLCColorado Court of Appeals · 2007
- San Diego County Employees Retirement Ass'n v. MaounisDistrict Court, S.D. New York · 2010
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