Foley v. Transocean Ltd.’s Empirical Analysis
2011
Citation profile
1 district ·
Relationships
Applies 15 U.S.C. § 78U (§ 21 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78U (§ 21d of the Securities Exchange Act of 1934)
Relies on Morrison v. National Australia Bank Ltd. · W.R. Huff Asset Management Co. v. Deloitte & Touche LLP · 753 F. Supp. 2d 1373 - In Re Transocean Ltd. Securities Litigation · In re Oxford Health Plans Inc., Securities Litigation · In re eSpeed, Inc. Securities Litigation
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 12 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“(aa) has either filed the complaint or made a motion in response to a notice ...; (bb) in the determination of the court, has the largest financial interest in the relief sought by the class; and (cc) otherwise satisfies the requirements of Rule 23 of the Federal Rules of Civil Procedure.”
1 later decision quote this exact passage · from the majoritye.g. In re Facebook, Inc.“LIFO calculates losses by assuming that the first stocks to be sold are the stocks purchased most recently prior to that sale. The alternative, 'first in, first out' ('FIFO'), assumes that the first stocks to be sold are the stocks that were acquired first.”
1 later decision quote this exact passage · from the majority“significant enough to outweigh the fact that it sustained appreciably greater losses”
1 later decision quote this exact passage · from the majority
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.