Legal Opinion
Frymire v. Peat, Marwick, Mitchell & Co.
District Court, N.D. Illinois
Decided March 26, 1987No. 85 C 10460PublishedCited by 27 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
MORAN, District Judge.
The facts and parties in this case broadly resemble those of Ernst & Ernst v. Hochfelder, 425 U.S. 185, 96 S.Ct. 1375, 47 L.Ed.2d 668 (1976). In Ernst, the plaintiffs invested in an allegedly fraudulent scheme. The perpetrator of the fraud was unavailable for suit (having committed suicide after bankrupting his company), and so the investors sued the auditors for securities fraud on the theory that the investors had been misled by financial statements the auditors had approved. 425 U.S. at 189, 96 S.Ct. at 1378. Here the three plaintiffs, apparently…
2Cases cited44 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Aaron v. Securities & Exchange CommissionSupreme Court of the United States · 1980
- Fed. Sec. L. Rep. P 95,887 Sundstrand Corporation v. Sun Chemical CorporationCourt of Appeals for the Seventh Circuit · 1977
39 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Bernard A. Schlifke and Harvey Kallick, D/B/A K & S Investments Co., a Partnership v. Seafirst Corp. And Seattle-First National BankCourt of Appeals for the First Circuit · 1989
- David Farlow v. Peat, Marwick, Mitchell & Co.Court of Appeals for the Tenth Circuit · 1992
- Goren v. New Vision International, Inc.Court of Appeals for the Seventh Circuit · 1998
- Kathleen Frymire-Brinati and Michael Brinati v. Kpmg Peat MarwickCourt of Appeals for the Seventh Circuit · 1993
- Fujisawa Pharmaceutical Co., Ltd. v. KapoorDistrict Court, N.D. Illinois · 1993
22 more not listed; retrieve them via the Exa API.