Paul F. Newton & Co. v. Texas Commerce Bank
Court of Appeals for the Fifth Circuit
1Opinion of the Court
CHARLES CLARK, Circuit Judge:
Paul F. Newton & Company [Newton] appeals from the district court’s grant of a directed verdict to Pressman, Frohlich & Frost, Inc. [Pressman] in its action against Pressman predicated upon alleged violations of the Securities and Exchange Commission’s Rule 10b-5, 17 C.F.R. § 240.10b-5 (1979), by one of its employees, and upon common law fraud. Following the presentation of evidence by the parties, the district court granted Pressman’s motion for a directed verdict, reasoning that the only basis for imposing liability upon Pressman shown by the evidence presented…
2Cases cited32 opinions
- The Boeing Company v. Daniel C. ShipmanCourt of Appeals for the Fifth Circuit · 1969
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- United States v. Donald James and David Anthony Butler, United States of America v. Henry Smith and Kenneth Wayne WhitmoreCourt of Appeals for the Fifth Circuit · 1979
- Myzel v. FieldsCourt of Appeals for the Eighth Circuit · 1967
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3Cited by60 opinions
- Kay Hollinger Richard Llewelyn Jones Edward E. Nissen Judy D'Arcy K-Judy, Ltd. v. Titan Capital Corp. Emil Wilkowski Painter Financial Group, Ltd.Court of Appeals for the Ninth Circuit · 1990
- SHARP, Stanley L. v. COOPERS & LYBRAND, AppellantCourt of Appeals for the Third Circuit · 1981
- Fed. Sec. L. Rep. P 98,033 James L. Shores, Jr., as of the Estate of Clarence E. Bishop, Jr., Etc. v. Jerald H. SklarCourt of Appeals for the Fifth Circuit · 1981
- In Re MicroStrategy, Inc. Securities LitigationDistrict Court, E.D. Virginia · 2000
- Commodity Futures Trading Commission v. Premex, Inc., and Samuel ZackCourt of Appeals for the Seventh Circuit · 1981
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