1. Legal PerspectiveSecurities Law Case

Instructions: Shareholders have often brought suits against directors and officers because information was withheld from them that they believed would have changed their decisions on whether to buy or sell their corporate stock. Go to the URL given to review a case that was decided by the U.S. Court of Appeals for the Third Circuit, Weiner v. Quaker Oats Co. Read the case and then answer Questions 14.

Answer the following questions in the fields below. (each question is worth 10 points)

Question 1: What was the factual background of the dispute before the court?

Question 2: What issue or issues were raised in the case?

Question 3: What was the court's decision on the issue or issues, and what reasons did the court give for its decision?

Question 4: What case did the Third Circuit Court of Appeals cite as precedent in this case?