Legal Opinion
Marth v. Industrial Incomes Incorporated of North America
District Court, S.D. New York
Decided July 31, 1968No. 67 Civ. 1317PublishedCited by 10 opinions
1Opinion of the Court
MANSFIELD, District Judge.
This is a Rule 12(f), F.R.C.P., motion that seeks to strike affirmative defenses.
Plaintiffs, two West German citizens, purchased 5,000 shares of Industrial Incomes Incorporated of North America (Industrial) on or about June 28, 1964. Alleging violations of § 10(b) of the Securities Exchánge Act of 1934, 15 U.S.C. § 78j(b), Rule 10b-5 promulgated thereunder, and state common law fraud, they have tendered their shares and endeavor to rescind the transaction. They assert that defendants, Industrial, Peter Bekeny (Peter), its president, Ilona Bekeny, Peter’s wife, and an…
2Cases cited23 opinions
- Wilko v. SwanSupreme Court of the United States · 1953
- Fischman v. Raytheon Mfg. Co.Court of Appeals for the Second Circuit · 1951
- Royal Air Properties, Inc., a Corporation, Harold L. Heathman and Madge I. Heathman v. R. Philip SmithCourt of Appeals for the Ninth Circuit · 1962
- Neil Rogen v. Ilikon CorporationCourt of Appeals for the First Circuit · 1966
- Tobacco & Allied Stocks, Inc. v. Transamerica Corp.District Court, D. Delaware · 1956
18 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Klein v. BowerCourt of Appeals for the Second Circuit · 1970
- Moerman v. Zipco, Inc.District Court, E.D. New York · 1969
- Jaksich v. Thomson McKinnon Securities, Inc.District Court, S.D. New York · 1984
- Gannett Co., Inc. v. Register Pub. Co.District Court, D. Connecticut · 1977
- Klein v. BowerCourt of Appeals for the Second Circuit · 1970
5 more not listed; retrieve them via the Exa API.