Legal Opinion
Steinberg v. Shearson Hayden Stone, Inc.
District Court, D. Delaware
Decided November 29, 1984No. Civ. A. 81-390 CMWPublishedCited by 9 opinions
1Opinion of the Court
OPINION
CALEB M. WRIGHT, Senior District Judge.
This case arises out of allegations that Shearson Hayden Stone, Inc., and its successor in interest Shearson Loeb Rhoades, Inc. (hereinafter collectively “Shearson”), violated Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Securities and Exchange Commission Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5. Steinberg’s complaint alleges that Shearson failed to disclose material facts concerning credit terms applicable to its customers’ margin accounts, with the purpose and effect of inducing Steinberg to…
2Cases cited32 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
- Crown, Cork & Seal Co. v. ParkerSupreme Court of the United States · 1983
- Trbovich v. United Mine WorkersSupreme Court of the United States · 1972
- Goodman v. Mead Johnson & Co.Court of Appeals for the Third Circuit · 1976
27 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Guaranty Nat. Ins. Co. v. PittmanMississippi Supreme Court · 1987
- Karr v. CastleDistrict Court, D. Delaware · 1991
- Deutschman v. Beneficial Corp.District Court, D. Delaware · 1990
- Bradford-White Corp. v. Ernst & WhinneyDistrict Court, E.D. Pennsylvania · 1988
- Rollins Cablevue, Inc. v. Saienni EnterprisesDistrict Court, D. Delaware · 1986
4 more not listed; retrieve them via the Exa API.