Certain Underwriter Initial Public Offering Securities Litigation’s Empirical Analysis
294 F.3d 297 · 2002
Citation profile
10 federal appellate · 1 district ·
How this case has been cited
Cited by 28 later decisions — most recently July 2024 · most notably United States v. Lauersen (2003), Dean v. Blumenthal (2009)
10 federal appellate · 1 district ·
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 Liljeberg v. Health Services Acquisition Corp. · In Re Drexel Burnham Lambert Incorporated · Irvin Dana Beal and Robert Macdonald v. Henry Stern · Kidder Peabody Company Incorporated v. Maxus Energy Corporation a F 1-10 · Baldwin Hardware Corporation v. Franksu Enterprise Corporation
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 28 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“district judge []actively invested in a variety of securities, including some of the IPOs at issue here. Some of those investments returned a profit, some' of those investments were sold at a loss. The judge relied on a broker’s advice in choosing her investments.. The judge also expressed regret' about losing money in a. variety of different investments, not just, the ones at issue here. [The judge] promptly disclosed conflicts as they were discovered, and acted quickly to meet' the Moving Defendants’ con-'eerns regarding other conflicts. She waived any interest she may have had as a class member in the Securities Actions and the Antitrust Actions.”
1 later decision quote this exact passage · from the majority“to permit a judge or his or her spouse ... to resolve the conflict by divesting themselves of the property creating the conflict. Disqualification would continue to be automatic if the interest in the controversy was one that could be substantially affected by the outcome. For example, a significant stockholder in a closely held corporation with close acquaintances would be expected to recuse himself or herself rather than divest.”
1 later decision quote this exact passage · from the majority“Even where the facts do not suffice for recusal under § 455(b) ... those same facts may be examined as part of an inquiry into whether recusal is mandated under § 455(a). The two sections focus on different types of conflicts requiring recusal. Section 455(b) focuses on interests and situations which raise conflicts, while `the goal of section 455(a) is to avoid even the appearance of partiality.'”
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.