Legal Opinion

Parrent v. Midwest Rug Mills, Inc.

Court of Appeals for the Seventh Circuit

Decided January 26, 1972No. 18728PublishedCited by 130 opinions

1Opinion of the Court

KILEY, Circuit Judge.

Defendant Robert Boss is sole appellant from a judgment against defendants in a bench trial of plaintiffs’ suit to set aside their purchases of stock, of the defendant companies, as fraudulent under federal and Illinois securities laws and under common law. We reverse the judgment as to Robert Boss alone.

Parrent and Hargett (plaintiffs) were employed by defendant Midwest Rug Mills, Inc. (Midwest), respectively as bookkeeper in September, 1959, and as salesman in February, 1959. Both Midwest and defendant Beacon Hills of North Carolina, Inc. (Beacon Hills) were, during the…

2Cases cited18 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Holmberg v. ArmbrechtSupreme Court of the United States · 1946
  3. International Union, United Automobile, Aerospace & Agricultural Implement Workers of America v. Hoosier Cardinal Corp.Supreme Court of the United States · 1966
  4. Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
  5. Bailey v. GloverSupreme Court of the United States · 1875

13 more not listed; retrieve them via the Exa API.

3Cited by130 opinions

  1. Fed. Sec. L. Rep. P 96,366 Benjamin A. Cook v. Avien, Inc., James F. Pritchard, Benjamin A. Cook v. Avien, Inc.Court of Appeals for the First Circuit · 1978
  2. Fed. Sec. L. Rep. P 94,975 Michelle K. Tomera, on Behalf of Herself and All Others Similarly Situated v. Arthur T. Galt, Jr.Court of Appeals for the Seventh Circuit · 1975
  3. Fed. Sec. L. Rep. P 96,048 Milton E. Dupuy v. Clarence O. Dupuy, Jr.Court of Appeals for the Fifth Circuit · 1977
  4. Fed. Sec. L. Rep. P 95,379 Marian W. Short v. Belleville Shoe Manufacturing CompanyCourt of Appeals for the Seventh Circuit · 1990
  5. Blue Sky L. Rep. P 71,586, Fed. Sec. L. Rep. P 97,632 Joseph A. Carothers v. W. Thomas RiceCourt of Appeals for the Sixth Circuit · 1980

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