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S.D. New York· 2/14/1978

Greenspan v. Brassler

Citations

  • 78 F.R.D. 130
  • 25 Fed. R. Serv. 2d 1423
  • 1978 U.S. Dist. LEXIS 19579

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • plaintiffs' continued purchase of stock “raises questions concerning the materiality to them of the market’s integrity and defendants’ alleged misrepresentations”
  • this court refused to certify class where plaintiffs relied on a recommendation from their brother a professional investor
  • evidence of unique defense, while insufficient to compel summary judgment for defendants, was sufficient to vitiate typicality of named plaintiffs’ claims
  • plaintiff failed to meet with attorney until months into litigation and lacked knowledge about facts in complaint
  • named plaintiff’s possible reliance on another’s expertise and circumstances surrounding additional purchase raised issues “qualitatively different from [those] of individual reliance inherent in a fraud on the market suit.”
  • disclosure of previously concealed documents April, 1974; last purchase the following month

Source: CourtListener parenthetical corpus (CC0).

Judges: MacMahon

Read full opinion on CourtListener

Cited by

55 cases in this archive cite this case; the 20 most cited are listed.

Cites

33 cases in this archive are cited by this case; the 20 most cited are listed.

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.