Legal Opinion
Fed. Sec. L. Rep. P 90,252 Securities and Exchange Commission v. Steven R. Jakubowski
Court of Appeals for the Seventh Circuit
Decided July 16, 1998No. 97-4010PublishedCited by 70 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Steven Jakubowski, a bankruptcy lawyer at Skadden Arps Slate Meagher & Flom, decided to make some money on the side by lining up stock from savings associations that were abandoning the mutual form. From this endeavor he reaped only $51,500, substantially less than his income from practicing law. The risk-return ratio was unfavorable. These dealings led to his discharge from the law firm, his suspension from the practice of law for 18 months, and a judgment (in this case) that he committed securities fraud. The district court enjoined Jaku-bowski from further…
2Cases cited23 opinions
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- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
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3Cited by70 opinions
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- Higginbotham v. Baxter International Inc.Court of Appeals for the Seventh Circuit · 2007
- Makor Issues & Rights, Ltd. v. Tellabs, Inc.Court of Appeals for the Seventh Circuit · 2006
- Arnold R. Rissman v. Owen Randall Rissman and Robert Dunn GlickCourt of Appeals for the Seventh Circuit · 2000
- Appert v. Morgan Stanley Dean Witter, Inc.Court of Appeals for the Seventh Circuit · 2012
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