Legal Opinion
Fed. Sec. L. Rep. P 99,254 Thomas F. Costello, Cross-Appellant v. Oppenheimer & Co., Inc., Cross-Appellee
Court of Appeals for the Seventh Circuit
Decided June 22, 1983No. 80-2228, 80-2294, 80-2551 and 80-2590PublishedCited by 42 opinions
1Opinion of the Court
FAIRCHILD,
Senior Circuit Judge.
Plaintiff commenced this action under the federal securities laws, alleging that the brokerage firm handling his account had defrauded him through various misrepresentations and by engaging in excessive trading (“churning”) for the purpose of generating commissions. In a special verdict, the jury found against defendant on both grounds and awarded damages of $97,-000. The district court then denied a motion for a new trial, but granted defendant’s motion for judgment n.o.v. to the extent of reducing the award to $53,500. On appeal, we conclude: (1) that there…
2Cases cited15 opinions
- Fed. Sec. L. Rep. P 94,437 Hetty Fey v. Walston & Co., Inc., and Robert A. SpiraCourt of Appeals for the Seventh Circuit · 1974
- Bertha Hecht, and v. Harris, Upham & Co., a Partnership, Harris, Upham & Co., Inc., a Corporation, AndCourt of Appeals for the Ninth Circuit · 1970
- Hecht v. Harris, Upham & Co.District Court, N.D. California · 1968
- Fed. Sec. L. Rep. P 94,425 Biruta Dzenits v. Merrill Lynch, Pierce, Fenner & Smith, Inc., and James A. BillingtonCourt of Appeals for the Tenth Circuit · 1974
- McGrath v. Zenith Radio Corp.Court of Appeals for the Seventh Circuit · 1981
10 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Craighead v. E.F. Hutton & Co.Court of Appeals for the Sixth Circuit · 1990
- In Re Catanella and EF Hutton and Co.District Court, E.D. Pennsylvania · 1984
- Angelastro v. Prudential-Bache Securities, Inc.Court of Appeals for the Third Circuit · 1985
- City of Harrisburg v. Bradford Trust Co.District Court, M.D. Pennsylvania · 1985
- Indemnified Capital Investments, Sa. v. R.J. O'Brien & Associates, Incorporated, John W. O'brien, Robert J. O'brien, Jr.Court of Appeals for the Seventh Circuit · 1993
37 more not listed; retrieve them via the Exa API.