Legal Opinion
Morey v. Edward D. Jones & Co.
Appellate Court of Illinois
Decided September 10, 1987No. 4—87—0061Published
1Opinion of the CourtJustice Lund
W. T. Morey (plaintiff) and Edward D. Jones and Company (defendant) entered into a contract for the purchase of certain stock. Defendant later cancelled the contract citing an interpretation of article III, section 1, of the National Association of Securities Dealers’ (NASD) Rules of Fair Practice. (NASD Rules of Fair Practice, art. Ill, sec. 1, National Association of Securities Dealers, Inc., Manual (CCH) par. 2151.06 (1971)) (hereinafter referred to as the NASD Manual).) Plaintiff filed a complaint for breach of contract. Upon motion of the defendant, the circuit court of Macon County…
2Cases cited7 opinions
- Samuels v. OliverIllinois Supreme Court · 1889
- Fed. Sec. L. Rep. P 93,239, 1972 Trade Cases P 73,967 Norman L. Harwell v. Growth Programs, Inc.Court of Appeals for the Fifth Circuit · 1972
- Philip S. SIRIANNI, Petitioner, v. UNITED STATES SECURITIES AND EXCHANGE COMMISSION, RespondentCourt of Appeals for the Ninth Circuit · 1982
- Harwell v. Growth Programs, Inc.District Court, W.D. Texas · 1970
- Newman v. First California Co.California Court of Appeal · 1975
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