Legal Opinion
Landy v. Federal Deposit Insurance
Court of Appeals for the Third Circuit
Decided July 30, 1973No. Nos. 72-1202 to 72-1204PublishedCited by 29 opinions
1Opinion of the Court
OPINION OF THE COURT
ROSENN, Circuit Judge.
An incredible misuse of funds in stock market speculation1 by Douglas Sehotte, president of the Eatontown National Bank (ENB), rapidly culminated in its financial collapse. This appeal involves a series of complex issues spawned by that catastrophe. The appellants, four named plaintiffs in the district court, brought suit in the District of New Jersey under the federal securities laws on behalf of themselves as purchasers of ENB’s shares between January 1, 1967, and August 8, 1970, on behalf of the class of all other shareholders of the bank who…
2Cases cited84 opinions
- Bell v. HoodSupreme Court of the United States · 1946
- Association of Data Processing Service Organizations, Inc. v. CampSupreme Court of the United States · 1970
- Textile Workers v. Lincoln Mills of Ala.Supreme Court of the United States · 1957
- J. I. Case Co. v. BorakSupreme Court of the United States · 1964
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
79 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Rolf v. Blyth, Eastman Dillon & Co.Court of Appeals for the Second Circuit · 1978
- Landry v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1973
- Rolf v. Blyth, Eastman Dillon & Co.Court of Appeals for the Second Circuit · 1978
- Shlensky v. DorseyCourt of Appeals for the Third Circuit · 1978
- United States v. Emanuel W. SimpsonCourt of Appeals for the D.C. Circuit · 1973
24 more not listed; retrieve them via the Exa API.