Cramer v. General Telephone & Electronics’s Empirical Analysis
1977
Citation profile
2 federal appellate · 1 district ·
Relationships
Applies 15 U.S.C. § 78A (§ 1 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78J (§ 10 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78N (§ 14 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78R (§ 18 of the Securities Exchange Act of 1934) · 28 U.S.C. § 1332 (Class Action Fairness Act of 2005) · 28 U.S.C. § 1404 · 28 U.S.C. § 1407
Relies on United Mine Workers of America v. Gibbs · Ernst & Ernst v. Hochfelder · Commissioner v. Sunnen · TSC Industries, Inc. v. Northway, Inc. · Blue Chip Stamps v. Manor Drug Stores
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 7 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“The rule provides that when a court of competent jurisdiction has entered a final judgment on the merits of a cause of action, the parties to the suit and their privies are thereafter bound “not only as to every matter which was offered and received to sustain or defeat the claim on demand, but as to any other admissible matter which might have been offered for that purpose.” 1”
2 later decisions quote this exact passage · from the majority“). The district court concluded that GTE had bought or sold securities within the meaning of § 10(b) and thus that Cramer had standing to assert the claim on behalf of the corporation. 16 Nevertheless, the court dismissed the § 10(b) claim for three reasons: 29 Cramer's § 10(b) and Rule 10b-5 claims against the defendants fail when the court asks whether the manipulative devices, the alleged fraud and the alleged breaches of fiduciary duty were”
1 later decision quote this exact passage · from the majority“establish standing under § 18. There is no allegation that the corporation relied on any false or misleading filings in making any sale; there is .no allegation that any filing affected the price of GTE securities. Finally, there is no causal nexus made, or even attempted, between any filing and any alleged loss which GTE suffered.”
1 later decision quote this exact passage · from the majoritye.g. Kaplan v. Bennett
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.