U.S. Court of Appeals for the Sixth Circuit
John Olagues v. Ward Timken, Jr.
This writing
- Type
- Opinion
- Author
- John Baylor Nalbandian
- Filed
- Nov. 14, 2018
- Case
- John Olagues v. Ward Timken, Jr.
- Case status
- Decided
Source The authoring judge was read from the signature line of the court's own published opinion, not from provider metadata — CourtListener records no author for most Sixth Circuit opinions.
Opening text
The first passage of the document, as extracted by the source provider.
NALBANDIAN, Circuit Judge. John Olagues is a self-proclaimed stock options expert, travelling the country to file claims under § 16(b) of the Securities and Exchange Act of 1934. Under § 16(b), a shareholder can bring an insider trading action to disgorge "short-swing" profits that an insider obtained improperly. But there is a catch. Although the shareholder can bring the lawsuit, any…
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