Legal Opinion

Jackson Tool & Die, Inc. v. John Curtis Smith

Court of Appeals for the Fifth Circuit

Decided December 10, 1964No. 21380PublishedCited by 10 opinions

1Opinion of the Court

HUNTER, District Judge.

The “principal appellees,” John Smith and Rowena Smith, paid $7,500 for 3,000 shares of stock of Jackson Tool & Die, Inc. Subsequently, they sold the same 3,000 shares for $3,000. They instituted .suit in the district court, under the Civil Liabilities provisions of the Securities Act of 1933, for the $4,500 difference, interest and attorney’s fees. Joined as •defendants were Jackson Tool, its officers, and numerous members of its Board of Directors, including all appellants. Defendants, appellants here,, filed third party complaints against the remaining directors and…

2Cited by10 opinions

  1. Wozniczka v. McKEANIndiana Court of Appeals · 1969
  2. Dorfman v. First Boston CorporationDistrict Court, E.D. Pennsylvania · 1972
  3. L. E. Frey v. Gerald Frankel and Duo-Bed Corporation, a CorporationCourt of Appeals for the Tenth Circuit · 1966
  4. Southern Distributing Company, Inc. v. Southdown, Inc.Court of Appeals for the Fifth Circuit · 1978
  5. Unicorn Field, Inc. v. Cannon Group, Inc.District Court, S.D. New York · 1973

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