Legal Opinion
Evanston Bank v. Conticommodity Services, Inc.
District Court, N.D. Illinois
Decided December 10, 1985No. 83 C 2980PublishedCited by 38 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
MORAN, District Judge.
In late May of 1982 the board of directors of the Evanston Bank discovered that the bank had lost over $1,200,000 in about one year of trading in commodities, while paying over $270,000 in commissions. The bank now brings this action for commodities fraud against ContiCommodity Services, Inc. (Conti), the futures commission merchant through which it traded in commodity futures, and Ted Thomas', the broker who handled its account. 1
The bank’s version of how the loss occurred appears in the six counts of its complaint. Counts I and II allege violations…
2Cases cited93 opinions
- United States v. Diebold, Inc.Supreme Court of the United States · 1962
- Sedima, S. P. R. L. v. Imrex Co.Supreme Court of the United States · 1985
- Cort v. AshSupreme Court of the United States · 1975
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
88 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Anna M. Juarez v. Ameritech Mobile Communications, IncorporatedCourt of Appeals for the Seventh Circuit · 1992
- First National Bank of Cicero v. Lewco Securities Corp.Court of Appeals for the First Circuit · 1989
- Sea Lion Corp. v. Air Logistics of Alaska, Inc.Alaska Supreme Court · 1990
- Anthony J. Bosco v. Robert B. SerhantCourt of Appeals for the Seventh Circuit · 1988
- Cincinnati Gas & Electric Co. v. General Electric Co.District Court, S.D. Ohio · 1986
33 more not listed; retrieve them via the Exa API.