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N.D. Illinois· 8/31/1982

McNichols v. Loeb Rhoades & Co.

Citations

  • 97 F.R.D. 331
  • 35 Fed. R. Serv. 2d 1407
  • 1982 U.S. Dist. LEXIS 17252

How courts have described this case

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

  • holding that a market maker is atypical of the class because “issues of both reliance and materiality would be different for a market maker”
  • finding that purported class representative’s potential reliance on oral misrepresentations by the defendant was a unique defense rendering action unsuitable for class certification
  • finding that purported class representative’s potential reliance on oral misrepresentations by the defendant was a unique defense rendering action unsuitable for class certification
  • on remand, denying class certification of fraud-on-the-market claim involving security not openly traded
  • on remand, denying class certification of fraud-on-the-market claim involving security not openly traded

Source: CourtListener parenthetical corpus (CC0).

Judges: Getzendanner

Read full opinion on CourtListener

Cited by

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

Cites

34 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.