Legal Opinion
Wachovia Securities, LLC v. Jahelka
District Court, N.D. Illinois
Decided October 22, 2008No. 04 C 3082PublishedCited by 13 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
VIRGINIA M. KENDALL, District Judge.
Defendant Loop Corp. (“Loop”) traded stock on margin using an account at Pru dential Securities Incorporated (“Prudential”). Stip. ¶ 2. Plaintiff, Wachovia Securities, LLC (“Wachovia”) is Prudential’s successor in interest. 1 Id. On May 22, 2001, the stock collapsed resulting in a $1.9 million debt. Wachovia subsequently obtained an NYSE Arbitration Award, which was reduced to judgment against Loop in the amount of $2,478,418.80. Stip. ¶ 17,18; PTX 38. Seven years later, the debt remains unpaid and Wachovia contends that…
2Cases cited37 opinions
- General Electric Capital Corporation v. Lease Resolution CorporationCourt of Appeals for the Seventh Circuit · 1997
- Judson Atkinson Candies, Inc. v. Latini-Hohberger DhimantecCourt of Appeals for the Seventh Circuit · 2008
- Scholes v. LehmannCourt of Appeals for the Seventh Circuit · 1995
- Stromberg Metal Works, Inc., and Comfort Control, Inc. v. Press Mechanical, Inc.Court of Appeals for the Seventh Circuit · 1996
- International Administrators, Inc. And Sheldon Harrison v. Life Insurance Company of North AmericaCourt of Appeals for the Seventh Circuit · 1985
32 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Wachovia Securities, LLC v. Banco Panamericano, Inc.Court of Appeals for the Seventh Circuit · 2012
- Husky International Electronics, Inc. v. Ritz (In re Ritz)United States Bankruptcy Court, S.D. Texas · 2017
- Workforce Solutions v. Urban Services of America, Inc.Appellate Court of Illinois · 2012
- Grochocinski v. SchlossbergDistrict Court, N.D. Illinois · 2009
- Wachovia Securities, LLC v. Loop CorporationCourt of Appeals for the Seventh Circuit · 2013
8 more not listed; retrieve them via the Exa API.