Legal Opinion
Dooner v. DiDonato
Supreme Court of Pennsylvania
Decided June 4, 2009No. 10 EAP 2008PublishedCited by 67 opinions
1Opinion of the Court
OPINION
Justice TODD.
In this appeal by allowance, we consider whether the federal Securities and Exchange Act of 1934 (“Securities Exchange Act” or “Act”) 1 preempts Pennsylvania state-law tort claims arising from a stock trader’s assault of another trader on the floor of the Philadelphia Stock Exchange (“PSX”). For the reasons stated below, we conclude the Securities Exchange Act does not preempt such state law claims against a national securities exchange such as PSX. Accordingly, we reverse the order of the Superior Court.
The facts underlying this appeal are straightforward. Appellee PSX is…
2Cases cited29 opinions
- Hines v. DavidowitzSupreme Court of the United States · 1941
- Rice v. Santa Fe Elevator Corp.Supreme Court of the United States · 1947
- Medtronic, Inc. v. LohrSupreme Court of the United States · 1996
- Florida Lime & Avocado Growers, Inc. v. PaulSupreme Court of the United States · 1963
- English v. General Electric Co.Supreme Court of the United States · 1990
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3Cited by67 opinions
- Samuel-Bassett v. Kia Motors America, Inc.Supreme Court of Pennsylvania · 2011
- Braun v. Wal-Mart Stores, Inc.Superior Court of Pennsylvania · 2011
- Taylor v. Extendicare Health Facilities, Inc.Supreme Court of Pennsylvania · 2016
- Reott v. Asia Trend, Inc.Supreme Court of Pennsylvania · 2012
- Nasdaq Omx Phlx, Inc. v. Pennmont SecuritiesSuperior Court of Pennsylvania · 2012
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