Legal Opinion
E.F. Hutton & Co. v. First Florida Securities, Inc.
District Court, S.D. New York
Decided February 25, 1987No. 85 Civ. 5551 (WCC)PublishedCited by 7 opinions
1Opinion of the Court
OPINION AND ORDER
WILLIAM C. CONNER, District Judge.
This opinion incorporates the Court’s findings of fact and conclusions of law, pursuant to Rule 52, Fed.R.Civ.P., following a two-day bench trial to determine liability for the purchase of 25,000 shares of the common stock of Keystone Medical Corporation (“Keystone”). The controversy arose due to a drop in the price of the stock from approximately $15 per share when ordered on April 29, 1985 to approximately $7 per share when payment was due. The stock was purchased by defendant/third-party plaintiff First Florida, which contends that this…
2Cases cited6 opinions
- Harriss v. TamsNew York Court of Appeals · 1932
- General Overseas Films, Ltd. v. Robin International, Inc.District Court, S.D. New York · 1982
- Wittenberg v. RobinovNew York Court of Appeals · 1961
- UNITED STATES of America, Appellee, v. M. Perry GRANT and Service Securities, Inc., AppellantsCourt of Appeals for the Second Circuit · 1972
- First National Bank of Chicago v. Jefferson Mortgage Co.Court of Appeals for the Third Circuit · 1978
1 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Richardson Greenshields Securities Inc. v. Mui-Hin LauDistrict Court, S.D. New York · 1993
- Property Advisory Group, Inc. v. BevonaDistrict Court, S.D. New York · 1989
- Lana Mora, Inc. v. S.S. Woermann UlangaDistrict Court, S.D. New York · 1987
- Group Health Inc. v. Blue Cross Ass'nDistrict Court, S.D. New York · 1990
- General Motors Acceptance Corp. v. FinneganNew York Supreme Court · 1992
2 more not listed; retrieve them via the Exa API.