Legal Opinion
Raul F. Rodriguez v. Banco Central Corporation
Court of Appeals for the First Circuit
Decided March 30, 1993No. 91-2220PublishedCited by 73 opinions
1Opinion of the Court
BOUDIN, Circuit Judge.
In the district court, 152 buyers of lots of undeveloped real estate in Florida charged the real estate company, the bank that financed the company, and certain individuals with securities fraud under RICO, 18 U.S.C. § 1962(c). 1 Describing their land sale contracts as “securities,” the buyers claimed that their purchases were induced by false representations that the land was suitable for home sites and that the surrounding areas would develop into a thriving community. In fact, the property turned out to be worthless swamp land unfit for development. After a lengthy…
2Cases cited18 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Landreth Timber Co. v. LandrethSupreme Court of the United States · 1985
- Aldrich v. McCulloch Properties, Inc.Court of Appeals for the Tenth Circuit · 1980
13 more not listed; retrieve them via the Exa API.
3Cited by73 opinions
- Gonzalez Abreau v. Banco CentralCourt of Appeals for the First Circuit · 1994
- Executive Leasing Corp. v. Banco Popular De Puerto RicoCourt of Appeals for the First Circuit · 1995
- Antilles Cement Corp. v. Cemex De Puerto Rico, Inc.Court of Appeals for the First Circuit · 2012
- Commonwealth v. LambertSuperior Court of Pennsylvania · 2000
- In Re Lupron® Marketing & Sales Practices LitigationDistrict Court, D. Massachusetts · 2003
68 more not listed; retrieve them via the Exa API.