Legal Opinion

Fed. Sec. L. Rep. P 94,365 Arthur Yale Kavit v. A. L. Stamm & Co., a Co Partnership, and Jack R. Levien

Court of Appeals for the Second Circuit

Decided January 22, 1974No. 149, Docket 72-1994PublishedCited by 135 opinions

1Opinion of the Court

FRIENDLY, Circuit Judge:

The opinion of this court in Ryan v. J. Walter Thompson Co., 453 F.2d 444, 445 (2 Cir. 1971), began by saying:

This case is another example of a trend we have observed with disturbing frequency, namely, invocation of the salutary anti-fraud provisions of the federal securities laws in cases where those provisions are wholly inappropriate and wide of the Congressional mark. Moreover, the vice of this practice is compounded here by engrafting upon the misplaced federal securities law claim a state law claim that, but for the federal gloss, should have been litigated in…

2Cases cited30 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Saint Paul Mercury Indemnity Co. v. Red Cab Co.Supreme Court of the United States · 1938
  3. Rosado v. WymanSupreme Court of the United States · 1970
  4. Wilko v. SwanSupreme Court of the United States · 1953
  5. Enelow v. New York Life InsuranceSupreme Court of the United States · 1935

25 more not listed; retrieve them via the Exa API.

3Cited by135 opinions

  1. Thomas Walker v. Time Life Films, Inc., David Susskind, Gill Champion, Martin Richards and Heywood GouldCourt of Appeals for the Second Circuit · 1986
  2. Tully v. Mott Supermarkets, Inc.Court of Appeals for the Third Circuit · 1976
  3. John Keith Blakely and John Emmett Long v. United States of AmericaCourt of Appeals for the Sixth Circuit · 2002
  4. Ouaknine v. MacFarlaneCourt of Appeals for the Second Circuit · 1990
  5. Hanes Corporation, a North Carolina Corporation v. Julien MillardCourt of Appeals for the D.C. Circuit · 1976

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