Legal Opinion

Hirtenstein v. Tenney

District Court, S.D. New York

Decided April 14, 1966No. 63 Civ. 3672PublishedCited by 3 opinions

1Opinion of the Court

FRANKEL, District Judge.

On December 26, 1962, plaintiff bought from defendant Shirley M. Tenney 4,000 shares of Class A stock of Tenney Corporation for $20,000. On June 10, 1963, he wrote defendants, charging they had violated the Securities Act of 1933 because they had “suppressed and failed to disclose material facts concerning Tenney Corporation and concerning the stock”, and demanded rescission. On December 19, 1963, following refusal of this demand, he brought this action. The complaint is in three counts, only the second of which is before us now on plaintiff^ — motion for…

2Cases cited5 opinions

  1. Securities & Exchange Commission v. Ralston Purina Co.Supreme Court of the United States · 1953
  2. Empire Electronics Co., Inc. v. United StatesCourt of Appeals for the Second Circuit · 1962
  3. Gilligan, Will & Co., a Partnership, and James Gilligan and William Will v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1959
  4. Burton S. Knapp v. John P. Kinsey, John P. Kinsey v. Burton S. KnappCourt of Appeals for the Sixth Circuit · 1957
  5. Woodward v. WrightCourt of Appeals for the Tenth Circuit · 1959

3Cited by3 opinions

  1. Ingenito v. Bermec Corp.District Court, S.D. New York · 1977
  2. Fed. Sec. L. Rep. P 95,844 William H. Doran, Jr. v. Petroleum Management Corp., Morton A. Sterling and O. W. FauntleroyCourt of Appeals for the Fifth Circuit · 1977
  3. People v. Michael Glenn Realty Corp.New York Supreme Court · 1980

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