Verrecchia v. Paine, Webber, Jackson & Curtis
District Court, D. Puerto Rico
1Opinion of the Court
ORDER
ACOSTA, District Judge.
This is an action for restitution of losses and other damages allegedly caused by defendants’ fraudulent misrepresentations and omissions in the management of plaintiff’s security account contract. The facts are in essence as follows:
On March 26, 1975 Franco Verrecchia opened a general margin account for the purchase and sale of securities with Blyth, Eastman, Dillon & Co., the predecessor in interest of defendant Paine, Webber, Jackson & Curtis (hereinafter jointly referred to as Paine). Codefendants Pedro Tirado and Higinio Leal were employees and registered…
2Cases cited37 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Holmberg v. ArmbrechtSupreme Court of the United States · 1946
- International Union, United Automobile, Aerospace & Agricultural Implement Workers of America v. Hoosier Cardinal Corp.Supreme Court of the United States · 1966
- Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
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3Cited by13 opinions
- Securities & Exchange Commission v. TomeDistrict Court, S.D. New York · 1986
- Generadora De Electricidad Del Caribe, Inc. v. Foster Wheeler Corp.District Court, D. Puerto Rico · 2000
- Federal Savings & Loan Insurance v. Shearson-American Express, Inc.District Court, D. Puerto Rico · 1987
- Rodriguez v. Banco CentralDistrict Court, D. Puerto Rico · 1989
- Styner v. EnglandCourt of Appeals of Washington · 1985
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