Legal Opinion
Smith v. Chicago Corp.
District Court, N.D. Illinois
Decided April 18, 1983No. 82 C 7492PublishedCited by 16 opinions
1Opinion of the Court
Memorandum
LEIGHTON, District Judge.
This action is brought pursuant to Section 10 of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), Rule 10b-5, promulgated thereunder, and Section 12, Subdivision G of the Illinois Securities Act, Ill.Rev.Stat. ch. 121% § 137.12. Plaintiffs Tyrone and Charles Smith opened securities accounts with the defendant Chicago Corporation in October and December of 1981, respectively. They allege that defendant’s employee, Jesse Williams, violated Section 10(b) and Rule 10b-5 by failing to make certain purchases for the accounts as requested by plaintiffs, and…
2Cases cited15 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Piper v. Chris-Craft Industries, Inc.Supreme Court of the United States · 1977
- Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
10 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Perez-Rubio v. WyckoffDistrict Court, S.D. New York · 1989
- Bosio v. Norbay Securities, Inc.District Court, E.D. New York · 1985
- Mishkin Ex Rel. Parr Securities Corp. v. Peat, Marwick, Mitchell & Co.District Court, S.D. New York · 1990
- Manufacturers Hanover Trust Co. v. Smith Barney, Harris Upham & Co.District Court, S.D. New York · 1991
- Bochicchio v. Smith Barney, Harris Upham & Co.District Court, S.D. New York · 1986
11 more not listed; retrieve them via the Exa API.