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Morrison v. Eminence Capital, L.P.
Case Number:
17-843
Court:
Nature of Suit:
3850 STATUTES-Secur Comm Exchange
Companies
Sectors & Industries:
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December 07, 2017
2nd Circ. Won't Rethink Men's Wearhouse Short-Swing Ruling
The Second Circuit rejected a bid for a rehearing by a Men's Wearhouse Inc. investor, who was seeking to overturn a lower court's ruling that he lacked standing to sue several hedge funds over $17 million they allegedly made in forbidden "short-swing" profits.
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November 03, 2017
Men's Wearhouse Short-Swing Suit Merits Redo, 2nd Circ. Told
An investor in Men's Wearhouse Inc. whose effort to make several hedge funds disgorge their short-swing profits was summarily rejected by a Second Circuit panel asked the full court on Thursday to reconsider, saying the panel drew the wrong lesson from a Supreme Court ruling.
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October 19, 2017
2nd Circ. Won't Save $17M Men's Wearhouse Short-Swing Suit
The Second Circuit declined on Thursday to revive an insider trading suit against an investor in Men's Wearhouse Inc. for allegedly making $17 million in forbidden "short-swing" profits, saying a U.S. Supreme Court case made clear that the suit was properly dismissed.