Legal Opinion
Associated Randall Bank v. Griffin, Kubik, Stephens & Thompson, Inc.
Court of Appeals for the Seventh Circuit
Decided August 19, 1993No. 92-2684PublishedCited by 25 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Associated Randall Bank, a financial institution chartered by Wisconsin, frequently invested in bonds issued by state and local governments. Between the mid 1970s and 1987 it relied on advice furnished by James Kubik. Since 1980 Kubik has been a principal of Griffin, Kubik, Stephens & Thompson, Inc., a broker-dealer specializing in municipal securities. Although James Fiore, the Bank’s president, retained ultimate authority over investment decisions, he accepted most of Kubik’s recommendations. Late in 1986 Kubik recommended, and the Bank purchased, securities…
2Cases cited24 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Morales v. Trans World Airlines, Inc.Supreme Court of the United States · 1992
- Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991
- In Re Apple Computer Securities LitigationCourt of Appeals for the Ninth Circuit · 1989
- R. Richard Bastian, III v. Petren Resources CorporationCourt of Appeals for the Seventh Circuit · 1990
19 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Provenz v. MillerCourt of Appeals for the Ninth Circuit · 1996
- Robert Eckstein v. Balcor Film InvestorsCourt of Appeals for the Seventh Circuit · 1993
- Ganino v. Citizens Utilities Co.Court of Appeals for the Second Circuit · 2000
- Federal Housing Finance Agency v. Nomura Holding America, Inc.Court of Appeals for the Second Circuit · 2017
- Ganino v. Citizens Utilities Co.Court of Appeals for the Second Circuit · 2000
20 more not listed; retrieve them via the Exa API.