Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Ayres
Merrill Lynch, Pierce v. Ayres, 429 U.S. 1010 (1976)
Opinion of the Court
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C. A. 3d Cir. Certiorari denied.
Mr. Justice Blackmun would grant certiorari.
How later courts describe this case
Explanatory parentheticals written by citing courts — 6 in all; the most informative distinct ones are shown.
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(noting that "arguments can be made" that a buy-back agreement "as exercised in this (voluntary retirement) case," is invalid under state law)
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(distinguishing Ryan because “[t]he complaint alleges that Ayres could and would have elected not to retire and not to sell his stock” had he known about defendant’s plans)
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(undisclosed planned public offering material because, although Plaintiff was contractually obligated to surrender his stock upon retirement, he might have postponed the retirement had proper disclosures been made)
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(employee suit against firm for stock fraud under repurchase agreement)
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(Securities Exchange Act of 1934 and Rule 10b-5)
Cited by 48 cases
View all citing references →Relies on it most ⓘ
- Lewis v. Merrill Lynch, Pierce, Fenner & Smith, Inc.
- Kerrigan v. Merrill Lynch, Pierce, Fenner & Smith, Inc.
- St. Louis Union Trust Company v. Merrill Lynch, Pierce, Fenner & Smith Incorporated
- United States Court of Appeals, Third Circuit
- Fed. Sec. L. Rep. P 96,861 Gerald Mansbach v. Prescott, Ball & Turben
- St. Louis Union Trust Co. v. Merrill Lynch, Pierce, Fenner & Smith Inc.
Citing references are not a citator: they show that a later opinion cites this case, not whether it followed, distinguished, or overruled it. Check negative history before relying on this case.