Legal Opinion

Moise Katz, Robert I. Harwood v. Household International, Incorporated, Donald C. Clark, and Edwin P. Hoffman

Court of Appeals for the Seventh Circuit

Decided August 6, 1996No. 95-3216PublishedCited by 33 opinions

1Opinion of the Court

BAUER, Circuit Judge.

Moise Katz filed this securities fraud class action against Household International, Inc. (“Household”) and its two chief officers after Household’s stock price declined at the end of October 1991. See Securities Exchange Act of 1934, §§ 10(b) & 20, 15 U.S.C. §§ 78j(b) & 78t(a). This appeal involves the district court’s assessment of sanctions against Katz and his attorney, Robert Har-wood, for filing original and amended complaints that were not well grounded in either fact or law. See Fed.R.Civ.P. 11, amended April 28, 1987, eff. August 1, 1983. 1 We affirm.

BACKGROUND

Kat…

2Cases cited5 opinions

  1. Cooter & Gell v. Hartmarx Corp.Supreme Court of the United States · 1990
  2. Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
  3. Tommy Land, Cross-Appellee v. Chicago Truck Drivers, Helpers and Warehouse Workers Union (Independent) Health and Welfare FundCourt of Appeals for the Seventh Circuit · 1994
  4. Johnson v. A.W. Chesterton Co.Court of Appeals for the Seventh Circuit · 1994
  5. Moise Katz v. Household International, Inc., Donald C. Clark and Edwin P. HoffmanCourt of Appeals for the Seventh Circuit · 1994

3Cited by33 opinions

  1. John A. Ackerman v. Northwestern Mutual Life Insurance CompanyCourt of Appeals for the Seventh Circuit · 1999
  2. Steven Menzies v. Seyfarth Shaw LLPCourt of Appeals for the Seventh Circuit · 2019
  3. Aaron Espenscheid v. DirectSat USA, LLCCourt of Appeals for the Seventh Circuit · 2012
  4. Wachovia Securities, LLC v. Jahelka (In Re Jahelka)United States Bankruptcy Court, N.D. Illinois · 2010
  5. Baker Development Corp. v. Mulder (In Re Mulder)United States Bankruptcy Court, N.D. Illinois · 2004

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