Legal Opinion
Rattner v. Lehman
Court of Appeals for the Second Circuit
Decided January 10, 1952No. 22170_1PublishedCited by 20 opinions
1Opinion of the Court
SWAN, Chief Judge.
Between November 1948 and April 1949, Lehman Brothers, a partnership, purchased and sold 5,000 shares of the common stock of Consolidated Vultee Aircraft Corporation, whose stock was duly registered on the New York Stock Exchange. From such “short swing” transactions the partnership realized a profit of some $15,000. One of the partners, John D. Hertz, was a director of the Aircraft 'Corporation. His share of the partnership’s profits from the said transactions was $806.62, and this sum he paid to the Aircraft Corporation when- informed of them. The corporation having…
2Cases cited1 opinion
- Rattner v. LehmanDistrict Court, S.D. New York · 1951
3Cited by20 opinions
- Blau v. LehmanSupreme Court of the United States · 1962
- Judith S. Feder v. Martin Marietta Corporation and Sperry Rand CorporationCourt of Appeals for the Second Circuit · 1969
- Marquette Cement Manufacturing Co. v. AndreasDistrict Court, S.D. New York · 1965
- Blau v. LehmanCourt of Appeals for the Second Circuit · 1960
- Blau v. AllenDistrict Court, S.D. New York · 1958
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