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Duquesne Law Review

Authors

Holly McCann

Abstract

The United States Court of Appeals for the Third Circuit ruled that a company that adopted a shareholder's right plan did not violate Section 10(b) of the Securities Exchange Act or Rule 10b-5, since the corporate officers and board members did not omit facts or misinform the public as to any material matter regarding the plan.

Lewis v Chrysler Corporation, 949 F2d 644 (3d Cir 1991).

First Page

231

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