Legal Opinion
Harold ASCH, Appellant, v. PHILIPS, APPEL & WALDEN, INC., and Merrill Lynch, Pierce, Fenner & Smith, Inc., Appellees
Court of Appeals for the Second Circuit
Decided February 9, 1989No. 662, Dockets 87-7009, 87-7067PublishedCited by 28 opinions
1Per curiam
This appeal arises from a securities fraud dispute. Judge Peter K. Leisure provided a complete account of the factual background in Baum v. Phillips, Appel & Walden, Inc., 648 F.Supp. 1518, 1521-23 (S.D.N.Y.1986). We refer the reader to Judge Leisure’s opinion and will simply summarize the facts for the purposes of this appeal.
A group of investors sued Philips, Appel & Walden (a brokerage firm), Merrill Lynch, Pierce, Fenner & Smith, Inc. (the clearing agent for Philips Appel), and Harold Asch (the Philips Appel employee in charge of the plaintiffs’ accounts). The plaintiffs alleged…
2Cases cited15 opinions
- Cort v. AshSupreme Court of the United States · 1975
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
- Thompson v. ThompsonSupreme Court of the United States · 1988
- United States v. Anthony IndelicatoCourt of Appeals for the Second Circuit · 1989
10 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Fed. Sec. L. Rep. P 97,451 Jerry Krim, on Behalf of Himself and All Others Similarly Situated v. Banctexas Group, Inc., Banctexas Group, Inc.Court of Appeals for the Fifth Circuit · 1993
- Ilya Boguslavsky v. Martin H. Kaplan and Gusrae, Kaplan & Bruno, Paul T. RussoCourt of Appeals for the Second Circuit · 1998
- Sheldon v. VermontyDistrict Court, D. Kansas · 2001
- In Re Amaranth Natural Gas Commodities LitigationDistrict Court, S.D. New York · 2008
- Connolly v. HavensDistrict Court, S.D. New York · 1991
23 more not listed; retrieve them via the Exa API.