Legal Opinion
Rich v. New York Stock Exchange
District Court, S.D. New York
Decided July 22, 1974No. 73 Civ. 4642PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM
BRIE ANT, District Judge.
Early in the year 1973, Weis Securities, Inc. (hereinafter “Weis”), a mem ber firm of the New York Stock Exchange, (hereinafter the “Exchange” or “NYSE”) was engulfed by financial difficulties. On May 24, 1973, when its condition appeared to be beyond salvation, the Securities Investors Protection Corporation (“SIPC”) petitioned this Court, pursuant to the provisions of the Securities Investor Protection Act of 1970 for liquidation of Weis, and the appointment of a SIPC trustee. 15 U.S.C. § 78aaa et seq. The trustee was appointed on May 30, 1973 and…
2Cases cited11 opinions
- Fed. Sec. L. Rep. P 93,590 David Segal v. Lawrence Gordon, and Coburn Corporation of AmericaCourt of Appeals for the Second Circuit · 1972
- Colonial Realty Corporation v. Bache & Co.Court of Appeals for the Second Circuit · 1966
- Richard Shemtob v. Shearson, Hammill & Co., Inc.Court of Appeals for the Second Circuit · 1971
- Florence K. Levine, as of the Last Will and Testament of Irving Levine, Deceased v. Seilon, Inc.Court of Appeals for the Second Circuit · 1971
- Starkman v. SeroussiDistrict Court, S.D. New York · 1974
6 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Fed. Sec. L. Rep. P 95,513 Reuben P. Hughes v. Dempsey-Tegeler & Co., Inc., a Delaware CorporationCourt of Appeals for the Ninth Circuit · 1976
- Rich v. Touche Ross & Co.District Court, S.D. New York · 1976
- Van Alen v. Dominick & Dominick, Inc.District Court, S.D. New York · 1976
- Carr v. New York Stock Exchange, Inc.District Court, N.D. California · 1976
- Fed. Sec. L. Rep. P 95,235 Norman Rich v. New York Stock ExchangeCourt of Appeals for the Second Circuit · 1975
5 more not listed; retrieve them via the Exa API.