Legal Opinion
Weiser v. Shwartz
District Court, E.D. Louisiana
Decided June 24, 1968No. Civ. A. 67-705PublishedCited by 8 opinions
1Opinion of the Court
RUBIN, District Judge:
Bernard Baruch’s famous prediction about stock market behavior is the only one that has proved infallible. That “it will fluctuate” in good times and in bad is indeed what makes it a market. But a serious economic loss in a boom market is bound to make even the most philosophical investor profoundly unhappy. Having suffered such a catastrophe, Calvin H. Weiser here sued Kohlmeyer & Company, a stock broker and a member firm of various security and commodity exchanges, and its employee, S. James Shwartz, III, under Section 10(b) of Rule 10b-5 of the Securities Exchange Act…
2Cases cited12 opinions
- Holmberg v. ArmbrechtSupreme Court of the United States · 1946
- Bailey v. GloverSupreme Court of the United States · 1875
- John B. Janigan v. Frederick B. TaylorCourt of Appeals for the First Circuit · 1965
- Fratt v. RobinsonCourt of Appeals for the Ninth Circuit · 1953
- Hecht v. Harris, Upham & Co.District Court, N.D. California · 1968
7 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Leib v. Merrill Lynch, Pierce, Fenner & SmithDistrict Court, E.D. Michigan · 1978
- Fed. Sec. L. Rep. P 94,425 Biruta Dzenits v. Merrill Lynch, Pierce, Fenner & Smith, Inc., and James A. BillingtonCourt of Appeals for the Tenth Circuit · 1974
- Vogel v. A.G. Edwards & Sons, Inc.Missouri Court of Appeals · 1990
- Clark v. American Marine CorporationDistrict Court, E.D. Louisiana · 1969
- Beckstrom v. ParnellLouisiana Court of Appeal · 1998
3 more not listed; retrieve them via the Exa API.