Levner v. Saud’s Empirical Analysis
1994
Citation profile
5 federal appellate ·
How this case has been cited
Cited by 18 later decisions — most recently October 2013
5 federal appellate ·
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 12 U.S.C. § 1817 · 15 U.S.C. § 78E (§ 5 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78M (§ 13 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78P (§ 16 of the Securities Exchange Act of 1934)
Relies on Anderson v. Liberty Lobby, Inc. · Matsushita Electric Industrial Co., Ltd. v. Zenith Radio Corporation · Foman v. Davis · Ross v. Bernhard · Kamen v. Kemper Financial Services, Inc.
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 18 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“either identical to or consistent with the principles behind Federal R. Civ. P. 23.1.” Levner v. Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, 903 F.Supp. 452 , 456 n. 4 (S.D.N.Y.1994). See also Allison on Behalf of G.M.C. v. General Motors Corp., 604 F.Supp. 1106 , 1116 n. 11 (D.Del.1985) (”
1 later decision quote this exact passage · from the majority“In a shareholder derivative suit, in order to conform to the requirements of Rule 23.1, the shareholder plaintiff is required to allege with particularity `legally sufficient reasons to call into question the validity of the Board of Directors' exercise of business judgment.'”
1 later decision quote this exact passage · from the majority“will be shielded by the business judgment rule unless the shareholder plaintiff can carry the considerable burden of showing that the decision not to bring the lawsuit was made in bad faith or was based on an unreasonable investigation.”
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.