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Legal Opinion

Shochat v. Weisz

District Court, E.D. New York

Decided June 23, 1992No. CV 87-6935 (ADS)PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

SPATT, District Judge.

This is a securities fraud action to recover damages by investors against their accountant as a result of certain investments in tax shelters.

THE COMPLAINT

The complaint contains two causes of action. The first cause is based on alleged “affirmative misrepresentations and intentional omissions to plaintiffs concerning the advisability of their acquiring the ... securities and concerning his (defendant’s) actively representing plaintiffs in order to obtain a settlement with the Internal Revenue Service favorable to plaintiffs” (Complaint ¶ 62). The…

2Cases cited35 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Topalian v. EhrmanCourt of Appeals for the Fifth Circuit · 1992
  4. Goldman v. BeldenCourt of Appeals for the Second Circuit · 1985
  5. Channel Master Corp. v. Aluminium Limited Sales, Inc.New York Court of Appeals · 1958

30 more not listed; retrieve them via the Exa API.

3Cited by2 opinions

  1. Dean Witter Reynolds, Inc. v. McCoyDistrict Court, E.D. Tennessee · 1994
  2. Stanton v. RICH BAKER BERMAN & CO., PADistrict Court, D. New Jersey · 1995

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