Legal Opinion
Elysian Federal Savings Bank v. First Interregional Equity Corp.
District Court, D. New Jersey
Decided May 11, 1989No. Civ. A. 88-3528PublishedCited by 31 opinions
1Opinion of the Court
OPINION AND ORDER
LECHNER, District Judge.
Succinctly stated, in this action plaintiff has alleged the defendants committed fraud by charging plaintiff excessive markups in the sale of two types of securities: collateralized mortgage obligations (“CMOs”) and principal only trust certificates (“PO Trusts”). Plaintiff claims the aggregate amount of the excessive markups exceeds $5 million. In addition, it is charged defendants have attempted to conceal the excessive mark-ups. While a significant number of the legal issues presented in this matter can be adequately addressed against the backdrop…
2Cases cited77 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Conley v. GibsonSupreme Court of the United States · 1957
- Foman v. DavisSupreme Court of the United States · 1962
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3Cited by31 opinions
- Morganroth & Morganroth v. Norris, McLaughlin & Marcus, P.C.Court of Appeals for the Third Circuit · 2003
- Jurista v. Amerinox Processing, Inc.District Court, D. New Jersey · 2013
- In Re Prudential Insurance Co. of America Sales Practices LitigationDistrict Court, D. New Jersey · 1997
- Wiley v. Hughes Capital Corp.District Court, D. New Jersey · 1990
- In Re Refco Inc. Securities LitigationDistrict Court, S.D. New York · 2011
26 more not listed; retrieve them via the Exa API.