Legal Opinion
Maldonado v. Dominguez
Court of Appeals for the First Circuit
Decided March 2, 1998No. 97-1345PublishedCited by 219 opinions
1Opinion of the Court
TORRUELLA, Chief Judge.
Plaintiffs invested in and became directors of a corporation called the Puerto Rico International Bank (“PRIBANK”), which was designed to create huge profits for its investor-directors by leveraging its collateral with low interest loans in order to purchase higher interest mortgage obligations. When PRI-BANK failed, the plaintiffs brought this suit, claiming that the investment bankers marketing the PRIBANK stock defrauded them by failing to mention the possibility that PRIBANK’s securities would be “called” in the event of an interest rate adjustment. The investors…
2Cases cited42 opinions
- Foman v. DavisSupreme Court of the United States · 1962
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cannon v. University of ChicagoSupreme Court of the United States · 1979
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
37 more not listed; retrieve them via the Exa API.
3Cited by219 opinions
- In Re Silicon Graphics Inc. Securities Litigation. Edmund J. Janas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc., Deanna Brody Andrea S. Donald Israel Buck Ruth Buck Denise Struthers Thomas G. Di Cicco Ira Steven B. Ewall Rosalyn Golaine Jerry Krim Mary Anne Beke Herman Grossman Samuel J. Reiner Dennis Lucas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc.Court of Appeals for the Ninth Circuit · 1999
- Bryant v. Avado Brands, Inc.Court of Appeals for the Eleventh Circuit · 1999
- Greebel v. FTP Software, Inc.Court of Appeals for the First Circuit · 1999
- In Re Advanta Corp. Securities LitigationCourt of Appeals for the Third Circuit · 1999
- In Re: Comshare, Incorporated Securities Litigation. Harry M. Hoffman v. Comshare, Inc.Court of Appeals for the Sixth Circuit · 1999
214 more not listed; retrieve them via the Exa API.