Legal Opinion

Zlotnick, Albert M., Individually and on Behalf of All Others Similarly Situated v. Tie Communications & L.W. Kifer

Court of Appeals for the Third Circuit

Decided January 14, 1988No. 87-1370PublishedCited by 82 opinions

1Opinion of the Court

OPINION OF THE COURT

JAMES HUNTER, III, Circuit Judge:

Appellant Albert Zlotnick filed this class action against Appellees TIE Communica tions, Inc. (“TIE”) and L.W. Kifer, alleging violations of §§ 9 and 10(b) of the Securities Exchange Act of 1934 and of the RICO Act. Zlotnick claims that appellees’ misrepresentations artificially inflated the price of a stock which he had sold short, causing him to lose money when he made the purchase necessary to cover the short sale. The District Court dismissed for failure to state a claim, 665 F.Supp. 397. Zlotnick now seeks a reversal and the…

2Cases cited12 opinions

  1. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  2. Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
  3. Eisenberg v. GagnonCourt of Appeals for the Third Circuit · 1985
  4. Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
  5. SHARP, Stanley L. v. COOPERS & LYBRAND, AppellantCourt of Appeals for the Third Circuit · 1981

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

3Cited by82 opinions

  1. George Semerenko v. Cendant Corp. Walter A. Forbes E. Kirk Shelton Cosmo Corigliano Christopher K. McLeod Ernst & Young LLP George Semerenko, Individually and on Behalf of All Others Similarly Situated, P. Schoenfeld Asset Management Llc, on Behalf of Itself and All Others Similarly Situated v. Cendant Corp. Walter A. Forbes E. Kirk Shelton Cosmo Corigliano Christopher K. McLeod Ernst & Young LLPCourt of Appeals for the Third Circuit · 2000
  2. Cammer v. BloomDistrict Court, D. New Jersey · 1989
  3. Parkcentral Global Hub Ltd. v. Porsche Automobile Holdings SECourt of Appeals for the Second Circuit · 2014
  4. Marriott International Resorts, L.P. v. United StatesCourt of Appeals for the Federal Circuit · 2009
  5. In Re DVI, Inc. Securities LitigationCourt of Appeals for the Third Circuit · 2011

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

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