Chiarella v. United States
- Chiarella v. United States
-
| Chiarella v. United States |
Supreme Court of the United States |
Argued November 5, 1979
Decided March 18, 1980 |
| Full case name |
Chiarella v. United States |
| Holding |
| Employee of printer handling corporate takeover bids who deduced target companies' identities and dealt in their stock without disclosing knowledge of impending takeovers had not violated 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j(b)) and SEC Rule 10b-5. |
| Court membership |
|
|
| Case opinions |
| Majority |
Powell, joined by Stewart, White, Rehnquist and Stevens |
| Concurrence |
Stevens, joined by Brennan |
| Concurrence |
Brennan |
| Dissent |
Burger, joined by Blackmun |
| Dissent |
Blackmun, joined by Marshall |
| Laws applied |
| § 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j(b)); SEC Rule 10b-5 |
Chiarella v. United States, 445 U.S. 222 (1980), is a case in which the Supreme Court of the United States held that an employee of a printer handling corporate takeover bids who deduced target companies' identities and dealt in their stock without disclosing his knowledge of impending takeovers, had not violated § 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j(b)) and SEC Rule 10b-5.
Categories:
- 1980 in United States case law
- United States Supreme Court cases
- United States securities case law
- United States Supreme Court stubs
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