Legal Opinion

Krinsk v. Fund Asset Management, Inc.

Court of Appeals for the Second Circuit

Decided May 31, 1989No. 623, Docket 88-7729PublishedCited by 31 opinions

1Opinion of the Court

MINER, Circuit Judge:

Plaintiff-appellant Jeffrey Krinsk is a shareholder in the CMA Money Fund (“Fund”), which is one component of the Cash Management Account program (“CMA program”), a financial services package offered by Merrill Lynch, Pierce, Fenner & Smith Inc. (“MLPF&S”). He brought this action derivatively on behalf of the Fund against the Fund itself and those MLPF&S-related entities responsible for administering and servicing the Fund. In his amended complaint, Krinsk pleaded violations of sections 12(b), 15(a), 20(a) and 36(b) of the Investment Company Act of 1940 (“Act”), 15 U.S.C.…

2Cases cited11 opinions

  1. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  2. Gartenberg v. Merrill Lynch Asset Management, Inc.Court of Appeals for the Second Circuit · 1982
  3. Meyer v. Oppenheimer Management Corp.Court of Appeals for the Second Circuit · 1985
  4. Gartenberg v. Merrill Lynch Asset Management, Inc.District Court, S.D. New York · 1981
  5. Tarlov v. Paine Webber Cashfund, Inc.District Court, D. Connecticut · 1983

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3Cited by31 opinions

  1. Royal American Managers, Incorporated v. Irc Holding Corporation and Joseph Ambriano, Cross-Appellants, Gerald Dolman, Cross-AppelleeCourt of Appeals for the Second Circuit · 1989
  2. Lionel Amron, Chana Yampolsky, and David Yampolsky v. Morgan Stanley Investment Advisors Inc. And Morgan Stanley Distributors Inc.Court of Appeals for the Second Circuit · 2006
  3. Jack Green, Individually and as Trustee Lawrence P. Belden, Trustee Stanley Simon, Trustee v. Fund Asset Management, L.P. Merrill Lynch Asset Management, L.P. Merrill Lynch & Co., Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated Princeton Services, Inc. Arthur Zeikel Terry K. Glenn Munienhanced Fund, Inc. Munivest Fund II Inc. Muniyield Fund, Inc. Muniyield Insured Fund, Inc. Muniyield Insured Fund Ii, Inc. Muniyield Quality Fund, Inc. Muniyield Quality Fund Ii, Inc., Jack Green, Lawrence P. Belden, Stanley SimonCourt of Appeals for the Third Circuit · 2001
  4. American Society of Composers, Authors and Publishers v. Showtime/the Movie Channel, Inc., Applicant-AppelleeCourt of Appeals for the Second Circuit · 1990
  5. Jill S. Kamen v. Kemper Financial Services, Inc., and Cash Equivalent FundCourt of Appeals for the Seventh Circuit · 1990

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