Khalid Bin Alwaleed Foundation v. EF Hutton & Co., Inc.
District Court, N.D. Illinois
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
LEINENWEBER, District Judge.
This cause comes before the court on the motion of defendants to dismiss Counts 1 through 12. For the reasons herein stated, the motion is granted.
FACTS
In June of 1988 plaintiff, Khalid Bin Alwaleed Foundation (“Foundation”), filed suit against defendants seeking $21,959,-000 in compensatory damages for alleged violation of Sections 4b and 4o of the Commodity Exchange Act (“CEA”), 7 U.S.C.A. §§ 6b, 6o (West 1980) and Rules 1.55 and 166.3 of the Commodity Futures Trading Commission (“CFTC” or “Commission”), 17 C.F.R. §§ 1.55,166.3. The…
2Cases cited21 opinions
- Cort v. AshSupreme Court of the United States · 1975
- Cannon v. University of ChicagoSupreme Court of the United States · 1979
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
- Commodity Futures Trading Commission v. SchorSupreme Court of the United States · 1986
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- Indemnified Capital Investments, Sa. v. R.J. O'Brien & Associates, Incorporated, John W. O'brien, Robert J. O'brien, Jr.Court of Appeals for the Seventh Circuit · 1993
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- In Re ContiCommodity Services, Inc., Securities LitigationDistrict Court, N.D. Illinois · 1990
- Procter & Gamble Co. v. Bankers Trust Co.District Court, S.D. Ohio · 1996
- Khalid Bin Talal Bin Abdul Azaiz Al Seoud v. E.F. Hutton & Co.District Court, N.D. Illinois · 1989
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