Fed. Sec. L. Rep. P 98,867 Darrell B. Searls, on Behalf of Himself and All Others Similarly Situated v. James J. Glasser

U.S. Court of Appeals, Seventh Circuit · Decided 1995-11-29

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BAUER, Circuit Judge. Darrell Searls filed this class action against officers of GATX Corporation, alleging claims arising under the Securities Exchange Act of 1934 (“Act”), 15 U.S.C. §§ 78j(b), 78t(a), as well as under state common law. The district court granted the defendants’ motion for summary judgment. Searls appeals; we affirm. GATX is a Chicago-based holding company consisting of five subsidiaries…

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