Opinion 426 US 438 (US 1976)

Factual background I

Legal background II

• Exchange Act §14(a) II.A
• Materiality II.B
• For purposes of Rule 14a-9 II.C
• Summary judgment II.D

Statements at issue III

• National's control of TSC III.A
• Favorability of terms to TSC shareholders III.B

Conclusion IV