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← 549 FSUPP 668 - Katz v. Abrams

Katz v. Abrams’s Empirical Analysis

1982

Citation profile

11
cited by 11 later decisions
5
states following
November 1999
most recently cited

6 state decisions

Relationships

Applies 28 U.S.C. § 1332 (Class Action Fairness Act of 2005)

Relies on Klaxon Co. v. Stentor Electric Manufacturing Co. · Griffith v. United Air Lines, Inc. · Melville v. American Home Assurance Co. · Fairbanks, Morse & Co. v. Consolidated Fisheries Co. · Ettinger v. Johnson

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 11 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

  1. “[W]hen it specifies a person entitled to the security or to the rights it represents and when its transfer may be registered upon books maintained for that purpose by or on behalf of an issuer or the security so states.”
    2 later decisions quote this exact passage · from the majority
  2. “(1) A “security” is an instrument which: (i) is issued in bearer or registered form; (ii) is of a type commonly dealt in upon securities exchanges or markets or commonly recognized in any area in which it is issued or dealt in as a medium for investment; (iii) is either one of a class or series or by its terms is divisible into a class or series of instruments; and (iv) evidences a share, participation or other interest in property or in an enterprise or evidences an obligation of the issuer.”
    1 later decision quote this exact passage · from the majority
  3. “It might be argued that securities exchanges or markets seldom, if ever, deal in the stock of any corporation which has fewer than four shareholders and whose only substantial asset is a structure housing but two professional offices. . However, even the adoption of this strained construction of the statute would not exclude this [type of] stock from the statutory definition because such stock is certainly commonly recognized by many as a medium of investment.”
    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.