Legal Opinion

John L. LINO, Appellant in No. 72-1672, v. CITY INVESTING CO., a Corporation, Appellant in No. 72-1673

Court of Appeals for the Third Circuit

Decided August 20, 1973No. 72-1672, 72-1673PublishedCited by 120 opinions

1Opinion of the Court

OPINION OF THE COURT

JAMES HUNTER, III, Circuit Judge:

This case involves the interpretation of the federal securities laws to determine whether there is federal jurisdiction to hear John Lino’s complaint.

Lino purchased two “Franchise Sales Center Licensing Agreements” from Franchise International (“FI”), a wholly-owned subsidiary of City Investing. Payment was made with cash and several promissory notes. He now contends that he was induced to purchase these agreements by certain material misstatements of City Investing which violated the following provisions of the federal securities laws: 15…

2Cases cited22 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. Church of the Holy Trinity v. United StatesSupreme Court of the United States · 1892
  3. Tcherepnin v. KnightSupreme Court of the United States · 1967
  4. Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
  5. Fed. Sec. L. Rep. P 93,748 Securities and Exchange Commission v. Glenn W. Turner Enterprises, Inc.Court of Appeals for the Ninth Circuit · 1973

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

3Cited by120 opinions

  1. John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
  2. United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
  3. Fed. Sec. L. Rep. P 95,614 the Exchange National Bank of Chicago v. Touche Ross & Co.Court of Appeals for the Second Circuit · 1976
  4. Fed. Sec. L. Rep. P 94,710 Securities and Exchange Commission v. Koscot Interplanetary, Inc.Court of Appeals for the Fifth Circuit · 1974
  5. Fed. Sec. L. Rep. P 95,494 Great Western Bank & Trust v. Sol KotzCourt of Appeals for the Ninth Circuit · 1976

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

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