450 F. Supp. 26 - Canut v. Lyons’s Empirical Analysis
1977
Citation profile
2 federal appellate · 2 district ·
How this case has been cited
Cited by 7 later decisions — most recently September 2014
2 federal appellate · 2 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
Applies 15 U.S.C. § 77E (§ 5 of the Securities Act of 1933)
Relies on United Mine Workers of America v. Gibbs · Blue Chip Stamps v. Manor Drug Stores · Killian v. United States · S. S. W., Inc. v. Air Transport Ass'n of America · Birnbaum v. Newport Steel Corp.
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.
“Lyons Oil [the issuer] was a seller of the partnership interests, however, so the conservator may maintain an action in its behalf, if the corporation’s sale of securities gave it an action under the statutes. In this case, the corporation does not have an action under Section 17, Section 10, or Rule 10b-5, because it has suffered no damages. On the contrary, Lyons Oil was the beneficiary of the alleged fraud perpetrated herein. Id. at 29 .”
1 later decision quote this exact passage · from the majoritye.g. Baker v. Heller“conservatorship duties would conflict with his pursuit of claims on behalf of the class....”
1 later decision quote this exact passage · from the majority“plaintiff [Fleming] is not a member of the class of investors.”
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.