Legal Opinion

Northland Capital Corporation v. A. David Silver and A. David Silver & Co.

Court of Appeals for the D.C. Circuit

Decided May 25, 1984No. 83-1449PublishedCited by 27 opinions

1Opinion of the Court

STARR, Circuit Judge:

This case presents a recurring issue, albeit in a unique factual setting, under the federal securities laws. The question before us is whether the transaction at issue here constituted a “purchase” or “sale” of securities under section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. Northland Capital Corporation (“Northland”) brought this action under the 1934 Securities Exchange Act, 15 U.S.C. §§ 78a-78kk (1982), (“the ’34 Act”) and under the common law of fraud against A. David Silver, A. David Silver & Co., and various inside and…

2Cases cited17 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  3. Rubin v. United StatesSupreme Court of the United States · 1981
  4. Bankers Trust Co. v. MallisSupreme Court of the United States · 1978
  5. Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952

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3Cited by27 opinions

  1. Nrm Corporation v. Hercules IncorporatedCourt of Appeals for the D.C. Circuit · 1985
  2. Kinney v. CookWashington Supreme Court · 2007
  3. Daniel Cowin v. Charles S. BreslerCourt of Appeals for the D.C. Circuit · 1984
  4. Mosher v. KaneCourt of Appeals for the Ninth Circuit · 1986
  5. Ascom Hasler Mailing Systems, Inc. v. United States Postal ServiceDistrict Court, District of Columbia · 2012

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

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