Wyser-Pratte Mgt. Co. v. Telxon Corp.

Ohio Supreme Court

Wyser-Pratte Mgt. Co. v. Telxon Corp.

795 N.E.2d 678, 99 Ohio St. 3d 1538

CourtOhio Supreme Court

DecidedSeptember 10, 2003

Docket2003-1019

StatusPublished

This text of 795 N.E.2d 678 (Wyser-Pratte Mgt. Co. v. Telxon Corp.) is published on Counsel Stack Legal Research, covering Ohio Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyser-Pratte Mgt. Co. v. Telxon Corp., 795 N.E.2d 678, 99 Ohio St. 3d 1538 (Ohio 2003).

Pincite

Opinion

Certified State Law Question, No. 5:02CV1105. On preliminary memoranda pursuant to S.Ct.Prae.R. XVIII(6). The court will answer the two questions certified by the United States District Court for the Northern District of Ohio:

“1. Does Ohio recognize a cause of action, under either fraud or negligent misrepresentation, for inducing a shareholder to hold onto (ie., not sell on the open market) a previously purchased security?

“2. If so, what measure of proof is required to establish the loss or damages attributable to this fraud or negligent misrepresentation?”

F.E. Sweeney and Lundberg Stratton, JJ., dissent.

On motion for admission pro hac vice of E. Lobenfeld, M. Kornfeld, and M. Anderson by J. Pinney for Telxon Corp. Motion granted.

F.E. Sweeney, J., dissents.

Free access — add to your briefcase to read the full text and ask questions with AI