Joseph B. KAUFFMAN Et Al. v. the DREYFUS FUND, INC., Et Al., Investors Diversified Services, Inc., Et Al., Appellants

How courts have described this case

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

• “Standing is justified only by this proprietary interest created by the stockholder relationship and the possible indirect benefits the nominal plaintiff may acquire qua stockholder of the corporation which is the real party in interest.”
• “[W]e must not confuse requirements necessary to state a cause of action . . . with the prerequisites of standing.”
• “[W]e must not confuse requirements necessary to state a cause of action ... with the prerequisites of standing.”
• “[W]e must not confuse requirements necessary to state a cause of action . . . with the prerequisites of standing.”
• “Appellee would have us further hold, however, that he is also entitled to bring a class derivative action on behalf of the 61 mutual funds in which he owns no shares but which are said to be similarly situated.... We are of the opinion that this position is untenable.”
• “Appellee would have us further hold, however, that he is also entitled to bring a class derivative action on behalf of the 61 mutual funds in which he owns no shares but which are said to be similarly situated.... We are of the opinion that this position is untenable.”

Source: CourtListener parenthetical corpus (CC0).