TSC Industries, Inc. v. Northway, Inc.
GPTKB entity
Statements (72)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legal_case
|
| gptkbp:argued_on |
1996-11-12
|
| gptkbp:case_analysis |
discussed in law reviews
influenced future litigation important for securities law |
| gptkbp:case_legal_discussion |
discussed in legal forums
|
| gptkbp:case_legal_guidelines |
guidelines for corporate behavior
|
| gptkbp:case_legal_review |
reviewed in legal journals
|
| gptkbp:case_legal_standards |
standards for investor protection
|
| gptkbp:case_number |
available in legal databases
summarized in legal textbooks part of legal precedent involved financial disclosures No. 96-1231 |
| gptkbp:case_outcome |
resolved
reversed lower court's ruling affected investor protections influenced SEC regulations reaffirmed importance of accurate disclosures significant for corporate governance |
| gptkbp:case_significance |
clarified materiality standard
critical for investor rights |
| gptkbp:case_types |
civil case
|
| gptkbp:consequences |
implications for corporate disclosures
shaped securities fraud litigation |
| gptkbp:court |
gptkb:Washington,_D._C.
gptkb:United_States_Supreme_Court |
| gptkbp:decided_by |
gptkb:1997
gptkb:Supreme_Court_of_the_United_States reversed and remanded |
| gptkbp:dissenting_opinion |
gptkb:Justice_John_Paul_Stevens
|
| gptkbp:docket_number |
96-1231
|
| gptkbp:effective_date |
1997-06-30
|
| https://www.w3.org/2000/01/rdf-schema#label |
TSC Industries, Inc. v. Northway, Inc.
|
| gptkbp:impact |
gptkb:financial_regulation
influenced securities regulation |
| gptkbp:involved_parties |
Northway, Inc.
TSC Industries, Inc. |
| gptkbp:is_cited_in |
cited in numerous cases
TSC Industries, Inc. v. Northway, Inc., 426 U. S. 438 (1997) 426 U. S. 438 |
| gptkbp:judged_by |
upheld by Supreme Court
5-4 decision |
| gptkbp:judges |
gptkb:Justice_William_H._Rehnquist
|
| gptkbp:judicial_review |
reviewed by Supreme Court
|
| gptkbp:legal_context |
gptkb:Securities_Exchange_Act_of_1934
context of securities regulation |
| gptkbp:legal_framework |
framework for evaluating disclosures
frameworks for assessing materiality |
| gptkbp:legal_issue |
materiality standard in securities law
established standards for materiality materiality standard in securities fraud |
| gptkbp:legal_outcome |
consequences for misleading information
increased scrutiny on disclosures influenced SEC enforcement actions outcomes for securities litigation |
| gptkbp:legal_principle |
materiality in disclosure requirements
principles established for materiality |
| gptkbp:legal_representation |
analyzed by legal scholars
law firms involved examined investor decision-making |
| gptkbp:material |
involved allegations of misleading statements
|
| gptkbp:outcome |
reversed and remanded
|
| gptkbp:precedent |
established legal precedent for future cases
materiality in disclosure requirements subsequent securities fraud cases |
| gptkbp:public_perception |
gptkb:Justice_William_H._Rehnquist
|
| gptkbp:related_cases |
gptkb:Basic_Inc._v._Levinson
|
| gptkbp:relevant_statute |
gptkb:Rule_10b-5
|
| gptkbp:resolution |
determined materiality in context of reasonable investor
|
| gptkbp:bfsParent |
gptkb:Rule_10b-5
|
| gptkbp:bfsLayer |
5
|