Legal Opinion

Letson v. Dean Witter Reynolds, Inc.

District Court, N.D. California

Decided January 25, 1982No. C-81-1227-WWS, C-81-1219-WWSPublishedCited by 15 opinions

1Opinion of the Court

MEMORANDUM OF OPINION AND ORDER

WILLIAM W SCHWARZER, District Judge.

INTRODUCTION

These actions are before the Court on motions for partial summary judgment by defendant Dean Witter Reynolds, Inc. (“Dean Witter”) and counter-defendant Shearson Loeb Rhoades, Inc. (“Shearson”). Although the actions are otherwise unrelated, these motions raise similar issues and have therefore been consolidated for disposition.

The actions arise out of the liquidation by Dean Witter and Shearson of their customers’ commodities futures trading accounts when market declines rendered the accounts’ margins inadequate.…

2Cases cited16 opinions

  1. Fed. Sec. L. Rep. P 95,512 Marvyn Gould, of the Estate of J. Donald Rogasner, in No. 75-1338. v. American-Hawaiian Steamship Company, Cross-AppellantsCourt of Appeals for the Third Circuit · 1976
  2. Galigher v. JonesSupreme Court of the United States · 1889
  3. S. John Chipser v. Kohlmeyer & Co., a Partnership, and Thomson & McKinnon Auchincloss Kohlmeyer, Inc., a CorporationCourt of Appeals for the Fifth Circuit · 1979
  4. Mitchell v. Texas Gulf Sulphur Co.Court of Appeals for the Tenth Circuit · 1971
  5. Douglas S. Gard v. United StatesCourt of Appeals for the Ninth Circuit · 1979

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

3Cited by15 opinions

  1. Shiv B. Katara, as Administrator of Manisha Sportswear, Inc. Defined Pension Trust v. D.E. Jones Commodities, Inc., and Alpha O. NickelberryCourt of Appeals for the Second Circuit · 1987
  2. Advest, Inc. v. Patrick McCarthyCourt of Appeals for the First Circuit · 1990
  3. Cauble v. Mabon Nugent & Co.District Court, S.D. New York · 1984
  4. Burton Schultz v. Commodity Futures Trading Commission, Incomco, Inc. And Philip M. SmithCourt of Appeals for the Second Circuit · 1983
  5. Tamari v. Bache & Company Lebanon)Court of Appeals for the Seventh Circuit · 1988

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

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