Gratz v. Claughton’s Empirical Analysis
187 F.2d 46 · 1951
Citation profile
74 federal appellate · 6 district · 4 state decisions
How this case has been cited
Cited by 149 later decisions (2 by the Supreme Court) — most recently June 2020 · most notably Chiarella v. United States (1980), Dirks v. Securities & Exchange Commission (1983)
74 federal appellate · 6 district · 4 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Bigelow v. RKO Radio Pictures, Inc. · Story Parchment Co. v. Paterson Parchment Paper Co. · United States v. Carolene Products Co. · Eastman Kodak Co of New York v. Southern Photo Materials Co · Hyde v. United States
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 149 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[I]t would be a sorry distinction to allow [an insider] to use the advantage of his position to induce the buyer into the position of a beneficiary, although he was forbidden to do so, once the buyer had become one.”
4 later decisions quote this exact passage“* * * obtaining * * * profits by the wrongful purchase and sale, or sale and purchase, of shares * * *.”
3 later decisions quote this exact passage““(b) For the purpose of preventing the unfair use of information which may have been obtained by such beneficial owner, director, or officer by reason of his relationship to the issuer, any profit realized by him from any purchase and sale, or any sale and purchase, of any equity security of such issuer * * * within any period of less than six months, unless such security was acquired in good faith in connection with a debt previously contracted, shall inure to and be recoverable by the issuer, * *”
2 later decisions quote this exact passage
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.