Legal Opinion
Fed. Sec. L. Rep. P 98,224 Mary E. Little v. The Valley National Bank of Arizona, a National Banking Association
Court of Appeals for the Ninth Circuit
Decided July 10, 1981No. 79-3122PublishedCited by 14 opinions
1Opinion of the Court
FLETCHER, Circuit Judge:
This is a class action 1 brought by some five hundred investors who purchased debentures of the United States National Bank (USNB) from First California Company (FCC), a brokerage house. Both USNB and FCC are now defunct. The plaintiffs brought suit against C. Arnholt Smith, president of USNB; Michael Coen, president of FCC; FCC; and Valley National Bank of Phoenix (VNB). The liability of all four defendants was predicated on violations of section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5,17 C.F.R. § 240.10b-5 (1976); section 17…
2Cases cited8 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Fed. Sec. L. Rep. P 95,925 Arthur Young & Company v. United States District Court, Etc., Albert Kaufman, Real Parties in InterestCourt of Appeals for the Ninth Circuit · 1977
- White v. AbramsCourt of Appeals for the Ninth Circuit · 1974
- Richard L. Zweig and Muriel Bruno v. The Hearst Corporation, a Corporation, Alex N. Campbell, H. W. Jamieson, E. L. OesterleCourt of Appeals for the Ninth Circuit · 1979
3 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Bell v. Cameron Meadows Land Co.Court of Appeals for the Ninth Circuit · 1982
- Fed. Sec. L. Rep. P 98,721 Securities and Exchange Commission v. The Seaboard Corporation, Etc., Admiralty Fund Admiralty Fund Growth Series Litigation Trust and the Admiralty Fund Insurance Series Litigation Trust, Cross-Claimants/appellants v. Alton Tabor, Cross-Defendant/appelleeCourt of Appeals for the Ninth Circuit · 1982
- The Glovatorium, Inc. v. Ncr CorporationCourt of Appeals for the Ninth Circuit · 1982
- Bell v. Cameron Meadows Land Co.Court of Appeals for the Ninth Circuit · 1982
9 more not listed; retrieve them via the Exa API.