Legal Opinion
Klock v. Lehman Brothers Kuhn Loeb Inc.
District Court, S.D. New York
Decided March 30, 1984No. 83 Civ. 3889 (RJW)PublishedCited by 38 opinions
1Opinion of the Court
ROBERT J. WARD, District Judge.
In May 1978, Felix S. Klock opened an account with Lehman Brothers Kuhn Loeb, Inc. (“Lehman”) and authorized Lehman to effect trades in securities and commodities options on his behalf. After suffering significant losses, Klock closed his account in October 1979. Thereafter, on May 19, 1983, he filed this lawsuit, alleging that Lehman and two of its employees, Michael Cavanaugh and Geoffrey Horner, improperly and illegally managed his account and engaged in excessive transactions without his approval. Plaintiff claims that he incurred substantial losses as a…
2Cases cited95 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Cannon v. University of ChicagoSupreme Court of the United States · 1979
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
90 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Lazard Freres & Co., Plaintiff-Counter-Defendant-Appellee v. Protective Life Insurance Company, Defendant-Counter-Claimant-AppellantCourt of Appeals for the Second Circuit · 1997
- Douglas E. Wall v. Csx Transportation, Inc. And Consolidated Rail Corporation, Docket No. 05-4065-CvCourt of Appeals for the Second Circuit · 2006
- In Re Integrated Resources Real Estate Ltd. Partnerships Securities LitigationDistrict Court, S.D. New York · 1993
- Carlock v. Pillsbury Co.District Court, D. Minnesota · 1989
- Zola v. GordonDistrict Court, S.D. New York · 1988
33 more not listed; retrieve them via the Exa API.