Legal Opinion
Fed. Sec. L. Rep. P 94,499 Olga Hochfelder v. Midwest Stock Exchange, Leon S. Martin v. Midwest Stock Exchange
Court of Appeals for the Seventh Circuit
Decided October 15, 1974No. 72-1977, 72-1978PublishedCited by 53 opinions
1Opinion of the Court
SWYGERT, Chief Judge.
This is an appeal by plaintiffs from a grant of summary judgment in favor of defendant, Midwest Stock Exchange. Plaintiffs are various individuals 1 who were victimized by a securities fraud perpetrated by Leston B. Nay, President of First Securities Company of Chicago and owner of ninety-two percent of its stock. First Securities was registered with the Securities and Exchange Commission as a broker-dealer in securities and was a member of the Midwest Stock Exehange and the National Association of Securities Dealers, Inc. Each member organization in the Midwest Stock…
2Cases cited15 opinions
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Holmberg v. ArmbrechtSupreme Court of the United States · 1946
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Bailey v. GloverSupreme Court of the United States · 1875
10 more not listed; retrieve them via the Exa API.
3Cited by53 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Fed. Sec. L. Rep. P 95,887 Sundstrand Corporation v. Sun Chemical CorporationCourt of Appeals for the Seventh Circuit · 1977
- Fed. Sec. L. Rep. P 95,351 Billie Jean Woodward v. Metro Bank of DallasCourt of Appeals for the Fifth Circuit · 1975
- Rochez Brothers, Inc., a Pennsylvania Corporation v. Charles R. RhoadesCourt of Appeals for the Third Circuit · 1975
- Fed. Sec. L. Rep. P 94,975 Michelle K. Tomera, on Behalf of Herself and All Others Similarly Situated v. Arthur T. Galt, Jr.Court of Appeals for the Seventh Circuit · 1975
48 more not listed; retrieve them via the Exa API.