Legal Opinion
Fed. Sec. L. Rep. P 93,239, 1972 Trade Cases P 73,967 Norman L. Harwell v. Growth Programs, Inc.
Court of Appeals for the Fifth Circuit
Decided April 11, 1972No. 30501PublishedCited by 16 opinions
1Opinion of the Court
RONEY, Circuit Judge:
This is an appeal from a summary judgment against holders of single investment mutual fund programs who sought relief from the failure of the sponsor of such programs to comply with that portion of their investment contracts which permitted the holders to move in and out of an investment position in the fund, without the payment of brokerage commissions, on an unlimited basis. The sponsor refused to comply with this unlimited privilege in the investment contract because the National Association of Securities Dealers (NASD) issued an Interpretation of its rules which made…
2Cases cited9 opinions
- United States v. Socony-Vacuum Oil Co.Supreme Court of the United States · 1940
- International Ass'n of MacHinists v. StreetSupreme Court of the United States · 1961
- Silver v. New York Stock ExchangeSupreme Court of the United States · 1963
- United States v. MorganDistrict Court, S.D. New York · 1953
- Thill Securities Corporation, Etc. v. The New York Stock ExchangeCourt of Appeals for the Seventh Circuit · 1970
4 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Patten Securities Corp., Inc. v. Diamond Greyhound & Genetics, Inc.Court of Appeals for the Third Circuit · 1987
- Lowenschuss v. KaneCourt of Appeals for the Second Circuit · 1975
- Lowenschuss v. KaneCourt of Appeals for the Second Circuit · 1975
- Hughes Communications Galaxy, Inc. v. United StatesUnited States Court of Claims · 1992
- Hendrick v. GreenMississippi Supreme Court · 1993
11 more not listed; retrieve them via the Exa API.