374 F. Supp. 1149 - Harman v. Willbern’s Empirical Analysis
1974
Citation profile
2 federal appellate · 3 district · 5 state decisions
How this case has been cited
Cited by 12 later decisions — most recently November 2003
2 federal appellate · 3 district · 5 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
Applies 15 U.S.C. § 78J (§ 10 of the Securities Exchange Act of 1934)
Relies on Superintendent of Insurance of State of New York v. Bankers Life and Casualty Company · Desist v. United States · Briggs v. Spaulding · Myzel v. Fields · Seagrave Corp. v. Mount
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.
““As previously noted, it is only when viewed with the perspective aided by hindsight of what actually occurred that the events which transpired during this seven month period look suspicious. At the time, all of the transactions now relied upon by the plaintiff appeared normal and proper, at least on their face. ... To now hold that these seemingly normal and proper transactions should have put a prudent director on notice of intended looting or precipitated a thorough investigation, based solely upon what actually transpired, is not permissible.””
2 later decisions quote this exact passage · from the majority“A limited partner is like a shareholder in a corporation. A stockholder, even a dominant or majority stockholder, does not become a fiduciary to other stockholders “by reason of mere ownership of stock.” A fiduciary responsibility develops only when the stockholder takes a role in corporate management and acts to dominate, interfere with or mislead other stockholders in exercising their rights.”
1 later decision quote this exact passage · from the majority“the plaintiff's evidence totally failed to establish circumstances surrounding the sale of defendant's interest in CLIC, which existed at the time of the sale, to put a prudent man on notice that the purchaser's intentions were anything but honorable.”
1 later decision quote this exact passage · from the majoritye.g. Harman v. Willbern
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.