Legal Opinion

Pawgan v. Silverstein

District Court, S.D. New York

Decided March 30, 1967No. 66 Civ. 3351PublishedCited by 25 opinions

1Opinion of the Court

METZNER, District Judge.

The plaintiffs are five individuals, each of whom purchased general partnership interests in Motel City B Associates, a New York general partnership. The defendants are three individuals who also had general partnership interests in Associates and were designated as the managing partners.

The plaintiffs seek rescission of their purchase based on alleged violations of sections 17(a) and 12(2) of the Securities Act of 1933, as amended (15 U.S.C. §§ 77q(a) and 77Z(2)); section 10(b) of the Securities Exchange Act of 1934, as amended (15 U.S.C. § 78j(b)), and rule 10b-5 of…

2Cases cited7 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. Wilko v. SwanSupreme Court of the United States · 1953
  3. Bernhardt v. Polygraphic Co. of America, Inc.Supreme Court of the United States · 1956
  4. Robert Lawrence Company, Inc. v. Devonshire Fabrics, Inc.Court of Appeals for the Second Circuit · 1959
  5. Fratt v. RobinsonCourt of Appeals for the Ninth Circuit · 1953

2 more not listed; retrieve them via the Exa API.

3Cited by25 opinions

  1. John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
  2. Fed. Sec. L. Rep. P 94,365 Arthur Yale Kavit v. A. L. Stamm & Co., a Co Partnership, and Jack R. LevienCourt of Appeals for the Second Circuit · 1974
  3. Dorfman v. First Boston CorporationDistrict Court, E.D. Pennsylvania · 1972
  4. Brown v. Gilligan, Will & Co.District Court, S.D. New York · 1968
  5. Shearson Hayden Stone, Inc. v. LiangDistrict Court, N.D. Illinois · 1980

20 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API