Legal Opinion

Fed. Sec. L. Rep. P 93,251 Susan Mary Norris, Cross-Appellant v. William W. Wirtz, Cross-Appellees

Court of Appeals for the Seventh Circuit

Decided June 11, 1987No. 86-2112, 86-2176PublishedCited by 79 opinions

1Opinion of the Court

EASTERBROOK, Circuit Judge.

In 1967 and 1968 Susan Mary Norris, an adult beneficiary of her father's testamentary trust, consented to three sales of assets of the trust. On December 24, 1980, she filed this suit under § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), arguing that her consent had been procured by fraud. We held in Norris v. Wirtz, 719 F.2d 256 (7th Cir.1983), that the complaint stated a claim. A jury trial was held on remand, and the jury concluded that Susan Norris was the victim of fraud. The district judge fixed damages at more than $800,000. We conclude…

2Cases cited20 opinions

  1. Johnson v. Railway Express Agency, Inc.Supreme Court of the United States · 1975
  2. United States v. KubrickSupreme Court of the United States · 1979
  3. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  4. Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
  5. Holmberg v. ArmbrechtSupreme Court of the United States · 1946

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3Cited by79 opinions

  1. In Re Data Access Systems Securities Litigation. Appeal of Tolins & Lowenfels & Roger A. Tolins. Appeal of I. Kahlowsky and Co. And Peter CunicelliCourt of Appeals for the Third Circuit · 1988
  2. Fed. Sec. L. Rep. P 95,379 Marian W. Short v. Belleville Shoe Manufacturing CompanyCourt of Appeals for the Seventh Circuit · 1990
  3. Robert Eckstein v. Balcor Film InvestorsCourt of Appeals for the Seventh Circuit · 1993
  4. Lawrence B. Ordower v. Leonard Feldman, and Sinclair Global Brokerage CorporationCourt of Appeals for the Seventh Circuit · 1987
  5. Ampat/midwest, Inc., Cross-Appellee v. Illinois Tool Works Inc., Cross-Appellant, and Triangle Fastener Corp.Court of Appeals for the Seventh Circuit · 1990

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