End date 1975 | ||
Full case name Blue Chip Stamps v. Manor Drug Stores Citations 421 U.S. 723 (more)44 L.Ed.2d 539; 95 S.Ct. 1917 Prior history Certiorari to the United States Court of Appeals for the Ninth Circuit Majority Rehnquist, joined by Burger, Stewart, White, Marshall, Powell Dissent Blackmun, joined by Douglas, Brennan Similar Basic Inc v Levinson, Wal‑Mart Stores - Inc v Dukes, Ashcroft v Iqbal | ||
Blue Chip Stamps v. Manor Drug Stores, 421 U.S. 723 (1975), was a decision by the United States Supreme Court, which ruled that only those suffering direct loss from the purchase or sale of stock had standing to sue under federal securities law.
References
Blue Chip Stamps v. Manor Drug Stores Wikipedia(Text) CC BY-SA