Legal Opinion

Burns v. Prudential Securities, Inc.

District Court, N.D. Ohio

Decided July 10, 2006No. 3:06 CV 748PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM OPINION

ZOUHARY, District Judge.

This is a class action lawsuit alleging breach of fiduciary duty and other state law claims against a stockbroker, Jeffrey Pickett, and his employer, Prudential Securities, Inc. The case was tried in the Common Pleas Court of Marion County. The jury returned a verdict for the Burns and other class action plaintiffs (Burns, collectively).

Pending are Prudential’s Motions to Remove the case to federal court and to Dismiss the action under the Securities Litigation Uniform Standards Act (SLUSA), 15 U.S.C. § 78bb(f)(l) and (2), as well as Burns’ Motion for…

2Cases cited38 opinions

  1. Caterpillar Inc. v. WilliamsSupreme Court of the United States · 1987
  2. Pennsylvania v. RitchieSupreme Court of the United States · 1987
  3. Merrill Lynch, Pierce, Fenner & Smith Inc. v. DabitSupreme Court of the United States · 2006
  4. Kircher v. Putnam Funds TrustSupreme Court of the United States · 2006
  5. Benjamin Craig Long v. Bando Manufacturing of America, Inc.Court of Appeals for the Sixth Circuit · 2000

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3Cited by2 opinions

  1. Dudley v. Putnam Investment FundsDistrict Court, S.D. Illinois · 2007
  2. Somera Capital Management, LLC v. Twin City Fire Insurance CompanyDistrict Court, C.D. California · 2020

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