Legal Opinion
Mercer v. Jaffe, Snider, Raitt and Heuer, PC
District Court, W.D. Michigan
Decided April 30, 1990No. G88-380 CA1, G87-56 CA1PublishedCited by 4 opinions
1Opinion of the Court
OPINION ON SUMMARY JUDGMENT MOTIONS
HILLMAN, Chief Judge.
These consolidated actions arise from the so-called Diamond Mortgage Corporation (“Diamond”)/A.J. Obie & Associates, Incorporated (“Obie”), mortgage-backed securities fraud. As the court has explained elsewhere in more detail, Diamond, Obie, and Commerce Mortgage Investments, Limited (“CMI”) (collectively, “the Diamond entities”) were an interrelated group of now-bankrupt corporations controlled by defendant Barton Greenberg. Obie was a retail securities broker/dealer that marketed individual home equity promissory notes and mortgages…
2Cases cited46 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Fed. Sec. L. Rep. P 94,768 Phil A. Street and Clyde H. Street v. J.C. Bradford & CompanyCourt of Appeals for the Sixth Circuit · 1990
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
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3Cited by4 opinions
- United States v. Newport News Shipbuilding & Dry Dock Co.Court of Appeals for the Federal Circuit · 1991
- Rolo v. City Investing Co.District Court, D. New Jersey · 1993
- Securities & Exchange Commission v. GrendysDistrict Court, District of Columbia · 2012
- Grimes v. Huntington National BankDistrict Court, E.D. Michigan · 2025