McCurnin v. Kohlmeyer & Co.
District Court, E.D. Louisiana
1Opinion of the Court
ALVIN B. RUBIN, District Judge:
OPINION ON DEFENDANT’S MOTION FOR SUMMARY JUDGMENT
Plaintiff, McCurnin, a businessman, had some experience in dealing in stocks. He had an account with defendant, Kohlmeyer & Co., a stock and commodities broker, and he bought and sold various stocks from time to time. Prior to May 12, 1971, however, he had never traded in commodities.
On May 12, 1971, McCurnin began trading in commodities. He bought five contracts for December cotton, and sold these on May 18 at a profit. On May 20, he bought five more contracts of December cotton, and he sold these on May 24 at a…
2Cases cited17 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Allan v. Chapman, Jr. v. Rudd Paint & Varnish Company, Dave Rivers and Alan ParkCourt of Appeals for the Ninth Circuit · 1969
- Sinva, Inc. v. Merrill, Lynch, Pierce, Fenner & Smith, Inc.District Court, S.D. New York · 1966
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3Cited by45 opinions
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
- Leist v. SimplotCourt of Appeals for the Second Circuit · 1980
- Fed. Sec. L. Rep. P 96,368 Joe G. Moody v. Bache & Co., Incorporated and Bob PetersCourt of Appeals for the Fifth Circuit · 1978
- Darryl B. Deaktor v. L. D. Schreiber & Co., Al Phillips, Jr. v. The Chicago Mercantile ExchangeCourt of Appeals for the Seventh Circuit · 1973
- Hofmayer v. Dean Witter & Co., Inc.District Court, N.D. California · 1978
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