Legal Opinion
Petrites v. J. C. Bradford & Co.
Court of Appeals for the Fifth Circuit
Decided June 1, 1981No. 80-5156PublishedCited by 16 opinions
1Opinion of the Court
VANCE, Circuit Judge:
Plaintiff Joseph Petrites brought this action for securities fraud against the brokerage firm of J. C. Bradford & Company and their salesman Rowland Hyde.1 The jury *1035found for Petrites, awarding him $30,000 actual damages, $16,000 punitive damages from J. C. Bradford & Company, and $7,000 punitive damages from Hyde. Defendants challenge this verdict on several grounds. We affirm.
This case involves an allegation of “churning.” “Churning occurs when a securities broker enters into transactions and manages a client’s account for the purpose of generating commissions and in…
2Cases cited21 opinions
- Travelers Health Assn. v. Virginia Ex Rel. State Corporation Comm'nSupreme Court of the United States · 1950
- Huddleston v. Herman & MacLeanCourt of Appeals for the Fifth Circuit · 1981
- Adam G. Nunez v. The Superior Oil CompanyCourt of Appeals for the Fifth Circuit · 1978
- Fed. Sec. L. Rep. P 94,437 Hetty Fey v. Walston & Co., Inc., and Robert A. SpiraCourt of Appeals for the Seventh Circuit · 1974
- Fed. Sec. L. Rep. P 96,048 Milton E. Dupuy v. Clarence O. Dupuy, Jr.Court of Appeals for the Fifth Circuit · 1977
16 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- David R. Ruiz, United States of America, Intervenor-Appellee v. W. J. Estelle, Jr.Court of Appeals for the Fifth Circuit · 1982
- David Owen v. Kerr-Mcgee Corporation and the Home Indemnity CompanyCourt of Appeals for the Fifth Circuit · 1983
- Robyn Douglass, Plaintiff-Appellee-Cross-Appellant v. Hustler Magazine, Inc., Defendant-Appellant-Cross-Appellee, and Augustin GregoryCourt of Appeals for the Seventh Circuit · 1985
- Meyers v. MoodyCourt of Appeals for the Fifth Circuit · 1982
- Fed. Sec. L. Rep. P 93,675 W. Monroe Stephenson v. Paine Webber Jackson & Curtis, Inc. And James E. WelchCourt of Appeals for the Fifth Circuit · 1988
11 more not listed; retrieve them via the Exa API.