Direction Associates, Inc. v. Programming & Systems, Inc.
District Court, S.D. New York
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW
EDWARD WEINFELD, District Judge.
What was commenced as, and should have remained, a simple action for breach of contract, by the time of trial burgeoned to one that included as many securities act claims as the ingenuity of counsel could develop. With one exception — the charge of sale of unregistered stock — these additional claims were advanced for the first time on the eve of the expiration of the statute of limitations, almost six years after the occurrence of events.
The litigation centers about an agreement dated as of August 28, 1969 among these…
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- Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
- UNITED STATES of America, Appellee, v. Lloyd DIXON, Jr., AppellantCourt of Appeals for the Second Circuit · 1976
- Simon v. Electrospace Corp.New York Court of Appeals · 1971
- Callanan v. . K., A.C. L.C.R.R. Co.New York Court of Appeals · 1910
- Clark Paper & Manufacturing Co. v. StenacherNew York Court of Appeals · 1923
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