Press v. Chemical Investment Services Corp.’s Empirical Analysis
1997
Citation profile
7 federal appellate · 1 district ·
How this case has been cited
Cited by 14 later decisions — most recently January 2010
7 federal appellate · 1 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. § 78J (§ 10 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78T (§ 20 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78U (§ 21d of the Securities Exchange Act of 1934) · 28 U.S.C. § 1367
Relies on Conley v. Gibson · Basic Inc. v. Levinson · TSC Industries, Inc. v. Northway, Inc. · Affiliated Ute Citizens of Utah v. United States · Superintendent of Insurance of State of New York v. Bankers Life and Casualty Company
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 14 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“the sale of a security as required under 10(b); and (3) the special pleading requirements for scienter under Rule 9(b) were met. See id. at 388-90. Discussion 12 Press maintains that he did plead all of the elements of fraud under the securities law sufficient to present to a jury, and the defendants' non-disclosure and denial of prompt access to the proceeds violated Section 10(b) and Rules 10b-5 and 10b-10. He argues that the district court applied an inappropriately narrow interpretation of the”
1 later decision quote this exact passage · from the majority“Press's proceeds claim also fails to meet the special requirements for pleading scienter under Rule 9(b).... [T]he Court cannot find that the facts alleged in Press's Complaint concerning the date on which his proceeds became available raise a sufficient inference of fraudulent intent to survive a motion to dismiss.”
1 later decision quote this exact passage · from the majority“sole function was to purchase and eventually pay over the proceeds of a single instrument specifically chosen by [Press],”
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.