Legal Opinion

Salgado v. Piedmont Capital Corp.

District Court, D. Puerto Rico

Decided December 30, 1981No. Civ. 77-826PublishedCited by 16 opinions

1Opinion of the Court

OPINION AND ORDER

PEREZ-GIMENEZ, District Judge.

Plaintiffs seek to maintain this action both in their individual capacities and on behalf of a putative class under F.R.C.P. 23 for alleged fraud in connection with the sale of an investment program by defendants. Defendants move for summary judgment on the grounds that the plaintiffs’ federal securities law claims and certain commonwealth claims are barred by the applicable statutes of limitation.

The Court finds that plaintiffs have failed to set forth specific facts showing there is a genuine issue for trial as required by F.R.C.P. 56(e). The…

2Cases cited65 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. First Nat. Bank of Ariz. v. Cities Service Co.Supreme Court of the United States · 1968
  3. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  4. Poller v. Columbia Broadcasting System, Inc.Supreme Court of the United States · 1962
  5. Holmberg v. ArmbrechtSupreme Court of the United States · 1946

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3Cited by16 opinions

  1. Foster Medical Corporation Employees' Pension Plan v. Healthco, Inc. And the Amended and Restated Healthco Employees' Pension PlanCourt of Appeals for the First Circuit · 1985
  2. Kronfeld v. Advest, Inc.District Court, S.D. New York · 1987
  3. Rodriguez v. Banco CentralDistrict Court, D. Puerto Rico · 1989
  4. Abelson v. StrongDistrict Court, D. Massachusetts · 1986
  5. Luksch v. LathamDistrict Court, N.D. California · 1987

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