Legal Opinion
People v. Ruskay
New York Court of Appeals
Decided May 25, 1926PublishedCited by 2 opinions
1Opinion of the CourtCabdozo, J.
Defendant, a stockbroker, has been convicted of the crime of trading for his own account against the order of a customer (Penal Law, § 954).
S. S. Ruskay & Co., in which firm the defendant was a partner^ were members of the Consolidated Stock Exchange in the city of New York. On February 17, 1922, they received from one Brunner, a customer, an order for the purchase of 200 shares of Mexican Petroleum stock. They made a contract at once on the floor of the Exchange for the purchase of the shares from Pearsall & Maloney. At that time and for some months past, they were seriously embarrassed for…
2Cases cited5 opinions
- Board of Trade of Chicago v. Christie Grain & Stock Co.Supreme Court of the United States · 1905
- Fiske v. DoucetteMassachusetts Supreme Judicial Court · 1910
- Springs v. JamesAppellate Division of the Supreme Court of the State of New York · 1910
- People v. . AtwaterNew York Court of Appeals · 1920
- Springs v. . JamesNew York Court of Appeals · 1911
3Cited by2 opinions
- People v. KardosNew York Court of Appeals · 1926
- People v. MacMastersAppellate Division of the Supreme Court of the State of New York · 1926