Legal Opinion

Application of Prudential Securities Inc.

District Court, S.D. New York

Decided July 30, 1992No. 92 Civ. 4768 (GLG)PublishedCited by 17 opinions

1Opinion of the Court

OPINION

GOETTEL, District Judge.

Plaintiffs Prudential Securities and Prudential-Bache Properties (referred to collectively as “Prudential”) provide securities brokerage services. During 1982, Prudential sold to its customers, the defendants in this suit, limited partnership interests in Archives New York Limited Partnership (“ANY”), which was established to finance the renovation of a New York City warehouse. Prudential allegedly informed these customers that ANY could secure the total amount for the warehouse project with the assistance of a $40 million bank loan.

However, ANY did not obtain…

2Cases cited21 opinions

  1. Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
  2. Franchise Tax Bd. of Cal. v. Construction Laborers Vacation Trust for Southern Cal.Supreme Court of the United States · 1983
  3. Gully v. First Nat. Bank in MeridianSupreme Court of the United States · 1936
  4. Southland Corp. v. KeatingSupreme Court of the United States · 1984
  5. Phillips Petroleum Co. v. Texaco Inc.Supreme Court of the United States · 1974

16 more not listed; retrieve them via the Exa API.

3Cited by17 opinions

  1. Fed. Sec. L. Rep. P 98,321 Timothy L. Ford v. Hamilton Investments, Inc.Court of Appeals for the Sixth Circuit · 1994
  2. Westmoreland Capital Corporation, Joseph M. Jayson and Judith P. Jayson v. George D. Findlay and John F. JoyceCourt of Appeals for the Second Circuit · 1996
  3. Jo Minor v. Prudential Securities, Inc. And Patrice MacKieCourt of Appeals for the Seventh Circuit · 1996
  4. Griffin v. HolmesDistrict Court, E.D. North Carolina · 1993
  5. Smith Barney, Incorporated v. Roger Sarver Concetta SarverCourt of Appeals for the Sixth Circuit · 1997

12 more not listed; retrieve them via the Exa API.

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