Legal Opinion
Robert R. Felton and Edward J. Egan v. Walston and Co., Inc.
Court of Appeals for the Second Circuit
Decided December 23, 1974No. 210, Docket 74-1581PublishedCited by 133 opinions
1Opinion of the Court
LUMBARD, Circuit Judge:
On May 17, 1973, plaintiff Robert R. Felton filed a class-action 1 complaint against defendants Walston & Co., Inc. (Walston), James Nissan (Nissan), Marine Midland Bank — New York (Marine Midland), Joel Doe 2 (Brownstein) and 3 I Co./Information Interscience, Inc. (3 I Co.). In his complaint Felton alleged that Walston, Nissan and Brownstein “employed manipulative and deceptive devices” for the purpose of inducing plaintiff to purchase 3 I Co. stock. There were further allegations, but they too were of a very general nature. Judge Bonsai granted a motion to dismiss…
2Cases cited4 opinions
- Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
- Fed. Sec. L. Rep. P 93,590 David Segal v. Lawrence Gordon, and Coburn Corporation of AmericaCourt of Appeals for the Second Circuit · 1972
- Richard Shemtob v. Shearson, Hammill & Co., Inc.Court of Appeals for the Second Circuit · 1971
- Mooney v. VitoloCourt of Appeals for the Second Circuit · 1970
3Cited by133 opinions
- Haroco, Inc. v. American National Bank and Trust Company of Chicago, Walter E. Heller International Corporation, & Ronald J. GrayheckCourt of Appeals for the Seventh Circuit · 1985
- In Re Glenfed, Inc. Securities LitigationCourt of Appeals for the Ninth Circuit · 1994
- Fed. Sec. L. Rep. P 98,697 John P. Decker v. Massey-Ferguson, LimitedCourt of Appeals for the Second Circuit · 1982
- Clarence E. Bennett v. Kenneth Berg, Dan R. Sandford, Jr. v. Kenneth BergCourt of Appeals for the Eighth Circuit · 1982
- Denny v. BarberCourt of Appeals for the Second Circuit · 1978
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