L.W. Laird v. Integrated Resources, Inc.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
GOLDBERG, Circuit Judge:
I. THE FACTS
Laird, Underwood, and Hannington, the plaintiffs in this suit, (the “plaintiffs”) are employees of the LEM Construction Company Inc. (“LEM”). They also serve as trustees for the benefit of the LEM Profit Sharing Plan and Trust (“Trust”). LEM established the trust to benefit its approximately 200 employees.
The plaintiffs wanted professional assistance in managing the Trust. Consequently, they interviewed Jack Sorcic, one of the defendants, and hired him for $125 per hour. Sorcic is the president of Planning Ahead, a registered investment adviser, also a…
2Cases cited50 opinions
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Chiarella v. United StatesSupreme Court of the United States · 1980
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3Cited by46 opinions
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- Edward Bontkowski v. Brian SmithCourt of Appeals for the Seventh Circuit · 2002
- U.S. Securities & Exchange Commission v. Universal Express, Inc.District Court, S.D. New York · 2007
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