John F. Batter III ( Nolan J. Mitchell , on the brief), Wilmer Cutler Pickering Hale and Dorr, Boston, MA, for Nominal Defendant-Appellee Discovery Communications, Inc.
Before: LEVAL, CABRANES, and KATZMANN, Circuit Judges.
United States Court of Appeals, Second Circuit.
JOSÉ A. CABRANES, Circuit Judge:
Section 16(b) of the Securities Exchange Act of 1934 (the "1934 Act") provides for the disgorgement of profits that corporate insiders1 realize "from any purchase and sale, or any sale and purchase, of any equity security of [the corporate] issuer... within any period of less than six months." 15 U.S.C. § 78p(b). The question presented is whether this so-called "short-swing profit rule" applies...
Let's get started
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.