Kern County Land Company v. Occidental Petroleum Corporation’s Empirical Analysis
1973
Citation profile
258 federal appellate · 24 district · 11 state decisions
How this case has been cited
Cited by 600 later decisions (13 by the Supreme Court) — most recently April 2022 · most notably Ernst & Ernst v. Hochfelder (1976), Inc v. Provident Securities Company (1976)
258 federal appellate · 24 district · 11 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.
Appellate journey
reviewedAbrams v. Occidental Petroleum Corp. (from Second Circuit Court of Appeals)
Relationships
Applies 15 U.S.C. § 78B (§ 2 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78C (§ 3 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78J (§ 10 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78L (§ 12 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78P (§ 16 of the Securities Exchange Act of 1934)
Relies on Mourning v. Family Publications Service, Inc. · Securities & Exchange Commission v. National Securities, Inc. · White Motor Company v. United States · Linkletter v. Walker · Royal Netherlands Steamship Co. v. Strachan Shipping Co.
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 600 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“'insure the maintenance of fair and honest markets.'”
30 later decisions quote this exact passage · from the majority“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 ... of any equity security of such issuer ... within any period of less than six months ... shall ... be recoverable by the issuer, irrespective of any intention on the part of such beneficial owner, director, or officer in entering into such transaction of holding the security. 15 U.S.C. § 78p(b).”
19 later decisions quote this exact passage · from the dissent“[t]he term [unorthodox transaction] ... has been applied to stock conversions, exchanges pursuant to mergers and other corporate reorganizations, stock reclassifications, and dealings in options, rights, and warrants.”
8 later decisions quote this exact passage · from the dissent
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.