Legal Opinion
In Re Presidential Life Securities
District Court, S.D. New York
Decided July 14, 1994No. 92 Civ. 6968 (VLB), 92 Civ. 6977, 92 Civ. 6994, 92 Civ. 7056 and 92 Civ. 7112PublishedCited by 13 opinions
1Opinion of the Court
MEMORANDUM
VINCENT L. BRODERICK, District Judge.
I
This case involves a class action 1 brought under Section 10(b) of the Securities Ex change Act of 1934 for the benefit of current and prior shareholders of Presidential Life 2 (the “Company”) who had purchased its stock at a time when accounting methods utilized by the Company for high-risk bonds had been more favorable than permitted by applicable rules as interpreted by the United States Securities and Exchange Commission (“SEC”). The SEC initiated a cease and desist proceeding on September 22, 1992, stating that it was “the first proceeding…
2Cases cited25 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- Blum v. StensonSupreme Court of the United States · 1984
- Yakus v. United StatesSupreme Court of the United States · 1944
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
- Goldfarb v. Virginia State BarSupreme Court of the United States · 1975
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3Cited by13 opinions
- In re Global Crossing Securities & Erisa LitigationDistrict Court, S.D. New York · 2004
- In re Nasdaq Market-Makers Antitrust LitigationDistrict Court, S.D. New York · 1998
- Maley v. Del Global Technologies Corp.District Court, S.D. New York · 2002
- Roberts v. Texaco, Inc.District Court, S.D. New York · 1997
- Altnor v. Preferred Freezer Services, Inc.District Court, E.D. Pennsylvania · 2016
8 more not listed; retrieve them via the Exa API.