MOBIL OIL CORP.
v.
HUGHES ET VIR

U.S. | 1970-06-08
No. 1453
398 U.S. 950 Supreme Court of the United States (1970) Caution
Cited by 88 cases

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Cited By (86 total)

  • United States v. Cartwright, 411 U.S. 546 (U.S. 1973)
    …t least a portion of the selling cost is borne by the company selling the shares.” (Footnote omitted.) See Estate of Wells v. Commissioner, 50 T. C. 871, 873 (1968), aff’d sub nom. Ruehlmann v. Commissioner, 418 F. 2d 1302 (CA6 1969), cert, denied, 398 U. S. 950 (1970); 1966 SEC Report 42; and 1963 Special Study 96. The regulation reads, in part, as follows: “(b) Valuation of shares in an open-end investment company. (1) The fair market value of a share in an open-end investment company (commonly known as…
  • …t 1091. . Decisions which have rejected the use bf a preliminary hearing on the merits to decide the propriety of litigation proceeding as a class action include: Kahan v. Rosenstiel, 424 F. 2d 161 (3d Cir.), cert. denied Glen Alden Corp. v. Kahan, 398 U.S. 950, 90 S.Ct. 1870, 26 L.Ed.2d 290 (1970); Katz v. Carte Blanche Corp., 52 F.R.D. 510 (W.D.Pa.1971); Fogel v. Wolfgang, 47 F.R.D. 213 (S.D.N.Y.1969); Cannon v. Texas Gulf Sulphur Co., 47 F.R.D. 60 (S.D.N.Y.1969); Mersay v. First Republic Corp. of Ameri…
  • Smallwood v. Pearl Brewing Co., 489 F.2d 579 (5th Cir. 1974)
    …. v. Texas Gulf Sulphur Co., 2 Cir. 1968, 401 F. 2d 833, 860 (en banc), cert. denied sub nom., Coates v. S. E. C. & S. E. C. v. Kline, 394 U.S. 976, 89 S.Ct. 1454, 22 L.Ed.2d 756; Kahan v. Rosenstiel, 3 Cir. 1970, 424 F. 2d 161, 173, cert. denied, 398 U.S. 950, 90 S.Ct. 1870, 26 L.Ed.2d 290. To prevent the Birnbaum doctrine from limiting too severely the ability of Rule 10b-5 to meet the broad purposes of the Act, “seller” has been stretched beyond its common law sense. See, e. g., Hooper v. Mountain Stat…
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