Resnik v. Swartz

How courts have described this case

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

• stating that a somewhat similar statement “accurately describes how value is realized when options are actually exercised”
• explaining that representations made in a proxy statement contradicted plaintiff’s allegations that challenged statements were materially false or misleading
• stating that FASB Statement No. 123 recommends recognizing “options’ grant-date value as part of compensation expense” in financial statements but “does not purport to address the requirements for reporting proposed compensation in a proxy statement”
• interpreting SEC compensation disclosure regulations and stating that “[i]n interpreting an administrative regulation, as in interpreting a statute, we must begin by examining the language of the provision at issue.”
• company had no obligation to disclose Blaclc-Scholes value of stock options paid to directors because disclosures in proxy statement completely and accurately described director compensation
• “Disclosure of an item of information is not required . . . simply because it may be relevant or of interest to a reasonable investor.”

Source: CourtListener parenthetical corpus (CC0).

Cited by

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

• In Re Morgan Stanley Information Fund Securities
  Second Circuit· 2010-01-25· cited 364×
• Kleinman v. Elan Corp., plc
  Second Circuit· 2013-02-01· cited 278×
• Operating Local 649 Annuity Trust Fund v. Smith Barney Fund Management LLC
  Second Circuit· 2010-02-16· cited 226×
• In re Lululemon Securities Litigation
  S.D. New York· 2014-04-18· cited 106×
• United States v. Banki
  Second Circuit· 2011-10-24· cited 58×
• Physicians Healthsource, Inc. v. Boehringer Ingelheim Pharmaceuticals, Inc.
  Second Circuit· 2017-02-03· cited 45×
• In re Braskem S.A. Securities Litigation
  S.D. New York· 2017-03-30· cited 42×
• Flores v. Southern Peru Copper Corp.
  Second Circuit· 2003-08-29· cited 39×
• In Re Natural Gas Commodity Litigation
  S.D. New York· 2004-09-24· cited 35×
• In Re CitiGroup Inc. Bond Litigation
  S.D. New York· 2010-07-12· cited 31×
• In Re Pfizer Inc. Shareholder Derivative Litigation
  S.D. New York· 2010-07-13· cited 31×
• Gillis v. QRX Pharma Ltd.
  S.D. New York· 2016-07-06· cited 20×
• Seinfeld v. Becherer
  Third Circuit· 2006-08-24· cited 17×
• AMERICAN FEDERATION OF STATE, COUNTY & MUNICIPAL EMPLOYEES, Employees Pension Plan, Appellant, v. AMERICAN INTERNATIONAL GROUP, INC., Appellee
  Second Circuit· 2006-09-05· cited 16×
• Pehlivanian v. China Gerui Advanced Materials Group, Ltd.
  S.D. New York· 2015-12-23· cited 15×
• Freidus v. Ing Groep N.V.
  S.D. New York· 2010-09-14· cited 10×
• City of Taylor General Employees Retirement System v. Magna International Inc.
  S.D. New York· 2013-08-23· cited 9×
• Seinfeld v. Bartz
  Ninth Circuit· 2003-03-07· cited 4×
• Malhotra v. Equitable Life Assurance Society of the United States
  E.D. New York· 2005-04-07· cited 3×
• Puddu v. 6D Global Technologies, Inc.
  S.D. New York· 2017-03-06· cited 3×

Cites

12 cases in this archive are cited by this case.

• TSC Industries, Inc. v. Northway, Inc.
  Supreme Court· 1976-06-14· cited 2,447×
• Virginia Bankshares, Inc. v. Sandberg
  Supreme Court· 1991-06-27· cited 584×
• In Re Time Warner Inc. Securities Litigation
  Second Circuit· 1993-11-30· cited 541×
• Harris v. City of New York
  Second Circuit· 1999-08-03· cited 446×
• Frank Smaldone v. Daniel Senkowski, Superintendent, Clinton Correctional Facility
  Second Circuit· 2001-11-16· cited 105×
• Lewis v. Vogelstein
  Court of Chancery of Delaware· 1997-03-11· cited 81×
• Resnik v. Swartz
  Second Circuit· 2002-09-06· cited 66×
• The Black & Decker Corporation v. Commissioner of Internal Revenue
  Fourth Circuit· 1993-02-03· cited 46×
• Rock of Ages Corporation v. Secretary of Labor, United States Department of Labor, and Federal Mine Safety and Health Review Commission
  Second Circuit· 1999-03-03· cited 46×
• West Coast Truck Lines, Inc., an Oregon Corporation v. Arcata Community Recycling Center, Inc., a California Corporation, Defendant
  Ninth Circuit· 1988-05-23· cited 34×
• New York Currency Research Corporation v. Commodity Futures Trading Commission
  Second Circuit· 1999-06-15· cited 19×
• Minzer v. Keegan
  Second Circuit· 2000-07-10· cited 6×