SHARP v. COOPERS & LYBRAND

No. 75-1313.

457 F.Supp. 879 (1978)

Stanley SHARP et al. v. COOPERS & LYBRAND.

United States District Court, E. D. Pennsylvania.

September 27, 1978.


Attorney(s) appearing for the Case

Theodore R. Mann, Mann & Ungar, Philadelphia, Pa., for plaintiffs.

Matthew J. Broderick, Dechert, Price & Rhoads, Philadelphia, Pa., for defendant.


OPINION

JOSEPH S. LORD, III, Chief Judge.

Plaintiffs, investors in an oil drilling venture, alleged in this class action that the defendant, a major accounting firm, is liable to them for misstatements in several opinion letters which advised them as to the supposed tax consequences of those investments. Four theories of liability have been advanced by the plaintiffs: (1) liability for violation of § 10(b) of the Securities Exchange Act of 1934, 15...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases