Fed. Sec. L. Rep. P 98,033 James L. Shores, Jr., as of the Estate of Clarence E. Bishop, Jr., Etc. v. Jerald H. Sklar
Court of Appeals for the Fifth Circuit
1Opinion of the Court
CHARLES CLARK, Circuit Judge:
Clarence E. Bishop, Jr., was one of a number of purchasers of First Mortgage Revenue Bonds of the Industrial Development Board of Frisco City, Alabama [“Bonds”]. The lessee of the industrial business premises, the sole source of the income necessary to amortize the revenue Bonds, almost immediately defaulted in the payment of rent, causing the value of the Bonds to drop precipitously. 1 Bishop sued most of those involved with the issuance of the Bonds, alleging that he was the victim of a pervasive scheme to defraud members of the investing public in violation of…
Also in this document: Dissent.
2Cases cited43 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Bishop v. WoodSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
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3Cited by183 opinions
- Kirkpatrick v. J.C. Bradford & Co.Court of Appeals for the Eleventh Circuit · 1987
- Charles N. Schwarz, Jr. v. Harry Folloder, Alexander Grant & CompanyCourt of Appeals for the Fifth Circuit · 1985
- In Re Initial Public Offering Securities LitigationDistrict Court, S.D. New York · 2003
- Peil v. SpeiserCourt of Appeals for the Third Circuit · 1986
- Abell v. Potomac Insurance CompanyCourt of Appeals for the Fifth Circuit · 1988
178 more not listed; retrieve them via the Exa API.