HOLMES ET AL.
v.
EDDY ET AL.

U.S. | 1965-10-25
No. 432
382 U.S. 892 Supreme Court of the United States (1965) Caution
Cited by 18 cases

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  • …e statutory goals. See, e. g., Roberts v. Eaton, 212 F. 2d 82 (CA2), cert, denied, 348 U. S. 827 (1954) ; Ferraiolo v. Newman, 259 F. 2d 342 (CA6 1958), cert, denied, 359 U. S. 927 (1959); Blau v. Max Factor & Co., 342 F. 2d 304 (CA9), cert, denied, 382 U. S. 892 (1965); Blau v. Lamb, supra; Petteys v. Butler, 367 F. 2d 528 (CA8 1966), cert, denied, 385 U. S. 1006 (1967). For a discussion and critical appraisal of the various “approaches” to the interpretation and application of § 16 (b), see Lowenfels, Se…
  • Bershad v. McDONOUGH, 428 F.2d 693 (7th Cir. 1970)
    …Ct. 707, 17 L.Ed.2d 542; Petteys v. Butler, 367 F. 2d 528, 532 (8th Cir. 1966), certiorari denied sub nom. Blau v. Petteys, 385 U.S. 1006, 87 S.Ct. 712, 17 L.Ed.2d 545; Blau v. Max Factor & Co., 342 F. 2d 304, 308 (9th Cir. 1965), certiorari denied, 382 U.S. 892, 86 S.Ct. 180, 15 L.Ed.2d 150; Smolowe v. Delendo, 136 F. 2d 231, 237-239 (2d Cir. 1943), certiorari denied, 320 U.S. 751, 64 S.Ct. 56, 88 L.Ed. 446. In order to achieve its goals, Congress chose a relatively arbitrary rule capable of easy administ…
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  • Whittaker v. Whittaker Corp., 639 F.2d 516 (9th Cir. 1981)
    …saction in which an investor actually relies on inside information, or in which the potential for such reliance is great.” Lewis v. Varnes, 505 F. 2d 785, 787 (2d Cir. 1974). See Blau v. Max Factor & Co., 342 F. 2d 304, 307 (9th Cir.), cert. denied, 382 U.S. 892, 86 S.Ct. 180, 15 L.Ed.2d 150 (1965); Rheem Mfg. Co. v. Rheem, 295 F. 2d 473, 475 (9th Cir. 1961). See generally 2 L. Loss, Securities Regulation (2d ed. 1961) at 1040-44. In interpreting § 16 for situations which do not fall obviously within its s…

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