Legal Opinion

Meason v. Bank of Miami

Court of Appeals for the Fifth Circuit

Decided August 6, 1981No. 79-3607PublishedCited by 17 opinions

1Opinion of the Court

VANCE, Circuit Judge:

Plaintiffs appeal from a district court order dismissing their complaints for lack of subject matter jurisdiction. In three separate actions, later consolidated by the lower court, plaintiffs asserted violations of the antifraud and registration provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934 in the sale of certificates of deposit issued by an offshore bank of the Grand Cayman Islands. The district court dismissed their suits, ruling that the certificates of deposit are not securities within the meaning of the federal securities laws.…

2Cases cited42 opinions

  1. Bell v. HoodSupreme Court of the United States · 1946
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. Jenkins v. McKeithenSupreme Court of the United States · 1969
  4. Hagans v. LavineSupreme Court of the United States · 1974
  5. Duke Power Co. v. Carolina Environmental Study Group, Inc.Supreme Court of the United States · 1978

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3Cited by17 opinions

  1. New Orleans Public Service, Inc. v. The City of New Orleans, the Council for the City of New Orleans, Sidney J. BarthelemyCourt of Appeals for the Fifth Circuit · 1986
  2. Fed. Sec. L. Rep. P 91,612 R.J. Wolf v. Banco Nacional De Mexico, S.A., A/K/A BanamexCourt of Appeals for the Ninth Circuit · 1984
  3. Alna Capital Associates v. William WagnerCourt of Appeals for the Eleventh Circuit · 1985
  4. LTV Federal Credit Union v. UMIC Government Securities, Inc.District Court, N.D. Texas · 1981
  5. Delta Coal Program v. LibmanCourt of Appeals for the Eleventh Circuit · 1984

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