Legal Opinion
Sprague, Levinson & Thall v. Advest, Inc.
District Court, E.D. Pennsylvania
Decided April 9, 1985No. Civ. A. 84-2849PublishedCited by 15 opinions
1Opinion of the Court
MEMORANDUM OF DECISION
McGLYNN, District Judge.
In August of 1983 the plaintiff, a lawyer, received as a fee from a client a properly assigned certificate for 10,625 shares of Patlex stock. On August 19, 1983 the certificate was forwarded to the defendant, a securities broker, with instructions to open an account and to “take whatever action is necessary to transfer the registration of the stock into this firm’s name.” In spite of these specific instructions the certificate was forwarded by the defendant to the transfer agent with instructions to transfer the stock to Cede & Co., a “street…
2Cases cited13 opinions
- Basista v. WeirCourt of Appeals for the Third Circuit · 1965
- Hilbert v. RothSupreme Court of Pennsylvania · 1959
- Bruce Lincoln-Mercury, Inc., a Pennsylvania Corporation v. Universal C.I.T. Credit CorporationCourt of Appeals for the Third Circuit · 1963
- Thomas v. American Cystoscope Makers, Inc.District Court, E.D. Pennsylvania · 1976
- Rhoads v. HeberlingSuperior Court of Pennsylvania · 1982
8 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Naporano Iron & Metal Co. v. American Crane Corp.District Court, D. New Jersey · 2000
- Norfolk and Western Railroad v. Bergman (In Re Bergman)United States Bankruptcy Court, E.D. Pennsylvania · 1989
- Frymire v. Painewebber, Inc. (In Re Frymire)United States Bankruptcy Court, E.D. Pennsylvania · 1989
- In Re FordUnited States Bankruptcy Court, E.D. Pennsylvania · 1995
- Brandy v. Flamboyant Inv. Co., Ltd.District Court, Virgin Islands · 1991
10 more not listed; retrieve them via the Exa API.