Legal Opinion
Fed. Sec. L. Rep. P 92,024 Futura Development Corporation v. Centex Corporation
Court of Appeals for the First Circuit
Decided April 30, 1985No. 84-1372PublishedCited by 83 opinions
1Opinion of the Court
BOWNES, Circuit Judge.
Appellant-plaintiff, Futura Development Corporation, claims that Centex Corporation and various of its subsidiaries, officers, and directors defrauded it of payment on a promissory note and seeks to recover its losses via § 10(b) of the Securities Exchange Act of 1934 and its implementing Rule 10(b)(5), 17 C.F.R. § 240.10b-5 (1984); § 17(a) of the Securities Act of 1933; and Puerto Rico law. The district court dismissed Futura’s suit, finding that: its fraud claims were barred by the statute of limitations; the promissory note was not a security within the context of the…
2Cases cited29 opinions
- Bell v. HoodSupreme Court of the United States · 1946
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Marrese v. American Academy of Orthopaedic SurgeonsSupreme Court of the United States · 1985
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
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3Cited by83 opinions
- Reves v. Ernst & YoungSupreme Court of the United States · 1990
- R.G. Financial Corp. v. Vergara-NuñezCourt of Appeals for the First Circuit · 2006
- Oscar Cruz v. MelecioCourt of Appeals for the First Circuit · 2000
- Puerto Ricans for Puerto Rico Party v. DalmauCourt of Appeals for the First Circuit · 2008
- Boateng v. InterAmerican University, Inc.Court of Appeals for the First Circuit · 2000
78 more not listed; retrieve them via the Exa API.