Legal Opinion

Cooperativa De Ahorro Y Credito Aguada v. Kidder, Peabody & Co.

Court of Appeals for the First Circuit

Decided November 13, 1997No. 96-2282PublishedCited by 50 opinions

1Opinion of the Court

BOUDIN, Circuit Judge.

The present appeal arises out of a federal securities lawsuit filed by Cooperativa de Ahorro y Credito Aguada (“Cooperativa”). Cooperativa is a small, one-branch savings and loan “cooperative” located in Aguada, Puerto Rico. Between June and December 1986, Cooperativa purchased $3.5 million in Drexel Burnham Lambert “unit trusts,” securities representing participations in several trusts whose assets were corporate bonds. The securities were purchased at the recommendation of Ramon Almonte, Cooperativa’s broker at Kidder, Peabody & Co. (“Kidder”).

According to Cooperativa,…

2Cases cited12 opinions

  1. Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
  2. Plaut v. Spendthrift Farm, Inc.Supreme Court of the United States · 1995
  3. Fed. Sec. L. Rep. P 96,366 Benjamin A. Cook v. Avien, Inc., James F. Pritchard, Benjamin A. Cook v. Avien, Inc.Court of Appeals for the First Circuit · 1978
  4. J. Geils Band Employee Benefit Plan v. Smith Barney Shearson, Inc.Court of Appeals for the First Circuit · 1996
  5. Fed. Sec. L. Rep. P 93,310 Joseph L. Maggio v. Gerard Freezer & Ice Co.Court of Appeals for the First Circuit · 1987

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3Cited by50 opinions

  1. Cape Ann Investors v. LeponeCourt of Appeals for the First Circuit · 2002
  2. Sterlin v. Biomune SystemsCourt of Appeals for the Tenth Circuit · 1998
  3. Hendricks v. Thornton, Texas Court of Appeals, 9th District (Beaumont)1998
  4. Brumbaugh v. Wave Systems Corp.District Court, D. Massachusetts · 2006
  5. Quaak v. Dexia, S.A.District Court, D. Massachusetts · 2005

45 more not listed; retrieve them via the Exa API.

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