Legal Opinion
Palmer v. Thomson & McKinnon Auchincloss, Inc.
District Court, D. Connecticut
Decided March 1, 1977No. Civ. H-74-42PublishedCited by 18 opinions
1Opinion of the Court
RULING ON CROSS-MOTIONS FOR SUMMARY JUDGMENT
BLUMENFELD, District Judge.
In this action for recission and damages, plaintiffs charge the defendant brokerage firm with violating the federal securities laws and regulations thereto by leading the plaintiffs into sophisticated margin transactions in speculative securities, inappropriate to their financial needs and circumstances. Plaintiffs and defendant have executed a stipulation of fact and cross-moved for summary judgment as to the issue of liability on Count Three of the complaint. In that count, plaintiffs contend that defendant violated…
2Cases cited22 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cort v. AshSupreme Court of the United States · 1975
- Fed. Sec. L. Rep. P 92,710 Stanley S. Pearlstein v. Scudder & German, a PartnershipCourt of Appeals for the Second Circuit · 1970
- Fed. Sec. L. Rep. P 95,847 Utah State University of Agriculture and Applied Science v. Bear, Stearns & Co.Court of Appeals for the Tenth Circuit · 1977
- John R. FREEMAN, Appellant, v. MARINE MIDLAND BANK-NEW YORK, AppelleeCourt of Appeals for the Second Circuit · 1974
17 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Richard D. BENNETT and Carole A. Bennett, Plaintiffs-Appellants, v. UNITED STATES TRUST COMPANY OF NEW YORK, Defendant-AppelleeCourt of Appeals for the Second Circuit · 1985
- Loughran v. FlandersDistrict Court, D. Connecticut · 1979
- Establissement Tomis v. Shearson Hayden Stone, Inc.District Court, S.D. New York · 1978
- Samuel STERN, Appellant, v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., AppelleeCourt of Appeals for the Fourth Circuit · 1979
- Jaksich v. Thomson McKinnon Securities, Inc.District Court, S.D. New York · 1984
13 more not listed; retrieve them via the Exa API.