Legal Opinion
Stromillo v. Merrill Lynch, Pierce, Fenner & Smith, Inc.
District Court, E.D. New York
Decided December 29, 1971No. 71 Civ. 1259PublishedCited by 9 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
WEINSTEIN, District Judge.
Defendants move, pursuant to Rules 9(b), 9(g) and 12(e) of the Federal Rules of Civil Procedure, to require plaintiff to more definitely state the various claims in the complaint. The motion must be denied.
*397I.
The complaint alleges in essence that the defendants wrongfully “churned” her account, i. e., engaged in excessive stock transactions on her behalf principally to generate brokerage commissions for their own gain. Jurisdiction is premised upon the Securities and Exchange Act of 1934 and Rule 10b-5. 15 U.S.C. §§ 78f, 78j, 78s and 78aa; 17 C.…
2Cases cited9 opinions
- Richard Shemtob v. Shearson, Hammill & Co., Inc.Court of Appeals for the Second Circuit · 1971
- Hecht v. Harris, Upham & Co.District Court, N.D. California · 1968
- New Home Appliance Center, Inc. v. ThompsonCourt of Appeals for the Tenth Circuit · 1957
- Matheson v. White Weld & Co.District Court, S.D. New York · 1971
- United States v. Anchor Line, Ltd.District Court, S.D. New York · 1964
4 more not listed; retrieve them via the Exa API.
3Cited by9 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
- Hilska v. JonesDistrict Court, District of Columbia · 2003
- Hassett v. Ganz (In Re O.P.M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1982
- Bazal v. Belford Trucking Co., Inc.District Court, S.D. Florida · 1977
- Boothe v. TRW Credit DataDistrict Court, S.D. New York · 1981
4 more not listed; retrieve them via the Exa API.