Legal Opinion
Dougherty v. Carver Federal Savings Bank
District Court, S.D. New York
Decided January 4, 1996No. 95 Civ. 2249 (CBM)PublishedCited by 3 opinions
1Opinion of the Court
AMENDED OPINION
MOTLEY, District Judge.
The instant case, filed as a class action, arises out of events connected to the conversion of Carver Federal Savings Bank (Carver) from mutual to stock ownership. The *198complaint alleges that defendants — Carver, its Board of Directors, and agents — committed several fraudulent acts in violation of the securities laws during the sale of Carver stock resulting from this conversion.
The Office of Thrift Supervision (OTS), the federal agency that oversees federally insured savings institutions like Carver, approved the instant conversion. The OTS’s authorizing…
2Cases cited24 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Bowen v. City of New YorkSupreme Court of the United States · 1986
- United States v. GaubertSupreme Court of the United States · 1991
- Florida Power & Light Co. v. LorionSupreme Court of the United States · 1985
- Leedom v. KyneSupreme Court of the United States · 1958
19 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Brawer v. JohnsonAppellate Division of the Supreme Court of the State of New York · 1996
- Dougherty ex rel. Gomberg v. Carver Federal Savings BankCourt of Appeals for the Second Circuit · 1997
- Dougherty v. Carver Federal Savings BankCourt of Appeals for the Second Circuit · 1997