Legal Opinion
Friedman v. World Transportation, Inc.
District Court, N.D. Illinois
Decided May 8, 1986No. 85 C 8074PublishedCited by 27 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
ASPEN, District Judge:
In 1984 Sheldon Friedman (“Friedman”) was looking for a tax shelter and found one orchestrated by defendant World Transportation, Inc. (“World”). He borrowed $450,-000 to invest in six trucks. This tax scheme turned out to be scam, however. He alleges in his eight-count amended complaint that World and the other defendants defrauded him, and he seeks recovery under a potpourri of federal and state causes of action, including the Securities Act of 1933, 15 U.S.C. § 77a et seq., the Securities Exchange Act of 1934, 15 U.S.C. § 78a et seq., and…
2Cases cited19 opinions
- The Bremen v. Zapata Off-Shore Co.Supreme Court of the United States · 1972
- Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
- Scherk v. Alberto-Culver Co.Supreme Court of the United States · 1974
- Wilko v. SwanSupreme Court of the United States · 1953
- Robert L. Bense v. Interstate Battery System of America, Inc.Court of Appeals for the Second Circuit · 1982
14 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Manetti-Farrow, Inc. v. Gucci America, Inc.Court of Appeals for the Ninth Circuit · 1988
- Calanca v. D & S MANUFACTURING CO.Appellate Court of Illinois · 1987
- Manetti-Farrow, Inc. v. Gucci America, Inc.Court of Appeals for the Ninth Circuit · 1988
- Union Steel America Co. v. M/V SANKO SPRUCEDistrict Court, D. New Jersey · 1998
- Snider v. Lone Star Art Trading Co., Inc.District Court, E.D. Michigan · 1987
22 more not listed; retrieve them via the Exa API.