Legal Opinion
Altschul v. Paine, Webber, Jackson & Curtis Inc.
District Court, S.D. New York
Decided July 9, 1981No. 79 Civ. 2852(MEL)PublishedCited by 16 opinions
1Opinion of the Court
LASKER, District Judge.
Arthur and Ida Altschul sue to recover losses sustained in their securities account on the ground of alleged mismanagement on the part of Paine, Webber, Jackson & Curtis Incorporated (“Paine Webber”). The Altschuls claim that the account was churned, unsuitable speculative securities were traded for the account, federal and house margin maintenance requirements were violated, and Paine Webber’s conduct constituted common law negligence and fraud. 1 Paine Webber counterclaims for the debit balance of $45,142.38 in the Altschuls’ account and for costs and attorneys’ fees…
2Cases cited19 opinions
- Colonial Realty Corporation v. Bache & Co.Court of Appeals for the Second Circuit · 1966
- Richard Shemtob v. Shearson, Hammill & Co., Inc.Court of Appeals for the Second Circuit · 1971
- Bertha Hecht, and v. Harris, Upham & Co., a Partnership, Harris, Upham & Co., Inc., a Corporation, AndCourt of Appeals for the Ninth Circuit · 1970
- Fed. Sec. L. Rep. P 92,710 Stanley S. Pearlstein v. Scudder & German, a PartnershipCourt of Appeals for the Second Circuit · 1970
- Helen C. Carras and Bill G. Carras, Co-Executors of the Estate of Gus N. Carras, Deceased v. James S. Burns, Jr.Court of Appeals for the Fourth Circuit · 1975
14 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Rebecca J. Schofield v. First Commodity Corporation of Boston, Rebecca J. Schofield v. First Commodity Corporation of BostonCourt of Appeals for the First Circuit · 1986
- Paine, Webber, Jackson & Curtis, Inc. v. AdamsSupreme Court of Colorado · 1986
- Jaksich v. Thomson McKinnon Securities, Inc.District Court, S.D. New York · 1984
- Kearney v. Prudential-Bache Securities, Inc.District Court, S.D. New York · 1988
- Komanoff v. Mabon, Nugent & Co.District Court, S.D. New York · 1995
11 more not listed; retrieve them via the Exa API.