Bates Ex Rel. Murphy v. Shearson Lehman Bros.
Court of Appeals for the First Circuit
1Opinion of the Court
TORRUELLA, Chief Judge.
Dorothy Bates, through her guardian Barbara Murphy (“Bates”), brought an action against Shearson Lehman Brothers, Inc. (“Shearson”). Bates claimed that Shearson was liable for the acts of its alleged agent, Carl P. Nykaza, a broker at Shearson, who diverted approximately $70,000 of Bates’ funds, for his own personal account. A trial commenced, and at the conclusion of Bates’ case, Shearson moved for judgment as a matter of law. The court granted Shearson’s motion, finding that Bates had failed to present sufficient evidence to support her theory that Shearson should be…
2Cases cited10 opinions
- American Society of Mechanical Engineers, Inc. v. Hydrolevel Corp.Supreme Court of the United States · 1982
- Fashion House, Inc. v. K Mart Corporation, Fashion House, Inc. v. K Mart CorporationCourt of Appeals for the First Circuit · 1989
- Arthur Doty v. Richard Sewall, Arthur Doty v. Richard SewallCourt of Appeals for the First Circuit · 1990
- Rodrigues v. Miriam HospitalSupreme Court of Rhode Island · 1993
- American Title Insurance v. East West FinancialCourt of Appeals for the First Circuit · 1994
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