Ernst & Ernst v. Hochfelder

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:United_States_Supreme_Court_case
gptkbp:category	1976 in United States case law United States securities case
gptkbp:citation	gptkb:425_U.S._185
gptkbp:concurringOpinionBy	gptkb:Justice_Thurgood_Marshall gptkb:Justice_William_J._Brennan,_Jr.
gptkbp:country	gptkb:United_States
gptkbp:date	1976-04-19
gptkbp:decidedBy	gptkb:Supreme_Court_of_the_United_States
gptkbp:docketNumber	74-1042
gptkbp:fullName	gptkb:Ernst_&_Ernst_v._Hochfelder_et_al.
gptkbp:heldBy	Scienter is required to establish civil liability under Rule 10b-5 of the Securities Exchange Act of 1934.
gptkbp:historicalPeriod	gptkb:Hochfelder_v._Ernst_&_Ernst,_503_F.2d_1100_(7th_Cir._1974)
gptkbp:joinedBy	gptkb:Justice_Harry_Blackmun gptkb:Justice_John_Paul_Stevens gptkb:Justice_Byron_White gptkb:Justice_Potter_Stewart gptkb:Justice_William_Rehnquist Chief Justice Warren E. Burger
gptkbp:legalSubject	gptkb:Securities_Exchange_Act_of_1934 Securities fraud
gptkbp:majorityOpinionBy	gptkb:Justice_Lewis_F._Powell,_Jr.
gptkbp:relatedLegislation	gptkb:Securities_Exchange_Act_of_1934
gptkbp:relatedTo	gptkb:SEC_Rule_10b-5
gptkbp:ruleOfLaw	Negligence is not sufficient for liability under Rule 10b-5.
gptkbp:subsequentHistory	Remanded to lower court
gptkbp:bfsParent	gptkb:Rule_10b-5
gptkbp:bfsLayer	6
https://www.w3.org/2000/01/rdf-schema#label	Ernst & Ernst v. Hochfelder