Legal Opinion
Katz v. Financial Clearing & Services Corp.
District Court, S.D. New York
Decided April 30, 1992No. 90 Civ. 5713 (TPG)PublishedCited by 20 opinions
1Opinion of the Court
OPINION
GRIESA, District Judge.
This is a securities fraud action brought by five securities investors against a clearing brokerage firm. Plaintiffs assert two claims under Section 10(b) of the Securities Exchange Act of 1934, 12 U.S.C. § 78j, and SEC Rule 10b-5 promulgated thereunder. In their first claim, plaintiffs allege that Financial Clearing & Services Corporation fraudulently induced plaintiffs to enter into customer account agreements through an introducing broker that was not duly registered. This will be referred to as the registration issue. The second claim alleg es that the…
2Cases cited19 opinions
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
- Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
- Commissioner v. SunnenSupreme Court of the United States · 1948
- Shearson/American Express Inc. v. McMahonSupreme Court of the United States · 1987
14 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Michael G. Gilman v. Bhc Securities, Inc.Court of Appeals for the Second Circuit · 1997
- Brenner v. Oppenheimer & Co.Supreme Court of Kansas · 2002
- In Re Blech Securities LitigationDistrict Court, S.D. New York · 1997
- Kenneth P. Wolf v. Gruntal & Co., Inc.Court of Appeals for the First Circuit · 1995
- VanCook v. Securities & Exchange CommissionCourt of Appeals for the Second Circuit · 2011
15 more not listed; retrieve them via the Exa API.