Legal Opinion
Fromer v. Yogel
District Court, S.D. New York
Decided March 23, 1999No. 97 CIV. 8829(SAS)PublishedCited by 26 opinions
1Opinion of the Court
OPINION AND ORDER
SCHEINDLIN, District Judge.
Having invested in excess of $1.3 million in several product arbitrage companies, Plaintiff David M. Fromer (“Fromer”) allegedly discovered that these companies were actually part of an elaborate “Ponzi” scheme. Having then been sued in a class action by other third-party investors caught up in the scheme (the Restifo action), Fromer and the other Restifo defendants negotiated a settlement agreement, ending the Restifo action as to all .parties. 1 Then, having paid the Restifo plaintiffs approximately $2.3 million to settle their claims, Fromer and…
2Cases cited77 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
- Montgomery Ward & Co. v. DuncanSupreme Court of the United States · 1940
- Glanzer v. . ShepardNew York Court of Appeals · 1922
72 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Cromer Finance Ltd. v. BergerDistrict Court, S.D. New York · 2001
- Drenis v. HaligiannisDistrict Court, S.D. New York · 2006
- Securities & Exchange Commission v. LeeDistrict Court, S.D. New York · 2010
- NYAHSA Services, Inc., Self-Insurance Trust v. People Care IncorporatedAppellate Division of the Supreme Court of the State of New York · 2016
- Geltzer v. Artists Marketing Corp. (In Re Cassandra Group)United States Bankruptcy Court, S.D. New York · 2006
21 more not listed; retrieve them via the Exa API.