Legal Opinion
Fed. Sec. L. Rep. P 95,494 Great Western Bank & Trust v. Sol Kotz
Court of Appeals for the Ninth Circuit
Decided March 22, 1976No. 74-1255PublishedCited by 137 opinions
1Opinion of the Court
OPINION
Before BARNES, ELY and WRIGHT, Circuit Judges. PER CURIAM:
This is another attempt to convert Section 10(b) of the Securities Exchange Act into a source of general federal jurisdiction. Cf. Van Arsdale v. Claxton, 391 F.Supp. 538 (S.D.Cal.1975). Great Western Bank & Trust (GWB) failed to receive payment on an unsecured note given by Artko Corporation (Artko). GWB now seeks to recover some of its losses as against Kotz, arguing that he was a controlling person in Artko and hence is liable for alleged material misrepresentations made in the course of the transaction. GWB argues that the…
2Cases cited33 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Church of the Holy Trinity v. United StatesSupreme Court of the United States · 1892
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
28 more not listed; retrieve them via the Exa API.
3Cited by137 opinions
- Safe Air for Everyone v. MeyerCourt of Appeals for the Ninth Circuit · 2004
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- Fed. Sec. L. Rep. P 95,614 the Exchange National Bank of Chicago v. Touche Ross & Co.Court of Appeals for the Second Circuit · 1976
- Marine Bank v. WeaverSupreme Court of the United States · 1982
- Fed. Sec. L. Rep. P 97,588 Securities and Exchange Commission v. Stephen MurphyCourt of Appeals for the Ninth Circuit · 1980
132 more not listed; retrieve them via the Exa API.