Legal Opinion
Yoffe v. Keller Industries, Inc.
Superior Court of Pennsylvania
Decided March 19, 1982No. 82 and 499PublishedCited by 2 opinions
1Opinion of the Court
VAN der VOORT, Judge:
The Yoffes owned four Pennsylvania Corporations. They authorized an attorney to find a buyer for the corporations; their asking sale price was $1,500,000. Eventually, appellant executed an agreement of sale with the Yoffes for the sale and purchase of the businesses.
Pursuant to such agreement the Yoffes received 51,064 shares of Keller stock with a value on August 24, 1967 of $29% per share for a total of $1,500,005 (51,064 X $29%). 1 As Keller shares were not covered by any registration statement approved by the Securities and Exchange Commission, (hereafter referred to…
2Cases cited11 opinions
- Kathleen E. Daburlos v. Commercial Insurance Company of Newark, New Jersey and the Fidelity and Casualty Company of New YorkCourt of Appeals for the Third Circuit · 1975
- United Telecommunications, Inc., a Kansas Corporation v. American Television and Communications Corporation, a Delaware CorporationCourt of Appeals for the Tenth Circuit · 1976
- Fed. Sec. L. Rep. P 94,069 Republic Technology Fund, Inc. v. The Lionel Corporation v. The New England Industries, Inc. v. The Lionel CorporationCourt of Appeals for the Second Circuit · 1973
- Madison Fund, Inc. v. Charter Co.District Court, S.D. New York · 1977
- Schneider v. Albert Einstein Medical Center, Northern DivisionSuperior Court of Pennsylvania · 1978
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3Cited by2 opinions
- Specialty Tires of America, Inc. v. CIT Group/Equipment Financing, Inc.District Court, W.D. Pennsylvania · 2000
- Martin v. Commonwealth, Department of Environmental ResourcesCommonwealth Court of Pennsylvania · 1988