Green v. Occidental Petroleum Corp.

541 F.2d 1335 (9th Cir. 1976)

Facts

Ps claimed harm from Occidental (D) for violation of 10(b). Each of the Ps sought to recover damages incurred with connection with the transactions that they entered into in reliance on the false or misleading information. The court held the class could be certified under 23(b)(3) but not under 23(b)(1). Ps appealed.