Legal Opinion
Baker v. Paine, Webber, Jackson & Curtis, Inc.
District Court, D. New Jersey
Decided April 10, 1986No. Civ. A. 85-362PublishedCited by 9 opinions
1Opinion of the Court
STERN, District Judge.
OPINION
Plaintiffs are retired airline pilots who invested their retirement funds in discretionary accounts managed by brokers at Paine, Webber, Jackson & Curtis, Inc. Plaintiffs allege that defendants fraudulently induced them to invest in these accounts, that the accounts were willfully mismanaged, that the worth of the accounts was fraudulently misrepresented to them in monthly statements, and that as a result of these acts the value of their investment declined. Plaintiffs state their claims under state law, § 10(b) of the Securities Act of 1934 and Rule 10b-5, and…
2Cases cited10 opinions
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
- Prima Paint Corp. v. Flood & Conklin Mfg. Co.Supreme Court of the United States · 1967
- Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
- Scherk v. Alberto-Culver Co.Supreme Court of the United States · 1974
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3Cited by9 opinions
- Genesco, Inc. v. T. Kakiuchi & Co.Court of Appeals for the Second Circuit · 1987
- Genesco, Inc. v. KakiuchiCourt of Appeals for the Second Circuit · 1987
- Rhoades v. PowellDistrict Court, E.D. California · 1986
- Preston v. KruezerDistrict Court, N.D. Illinois · 1986
- RCM Technologies, Inc. v. Brignik Technology, Inc.District Court, D. New Jersey · 2001
4 more not listed; retrieve them via the Exa API.