Legal Opinion

Mercer v. Jaffe, Snider, Raitt and Heuer, PC

District Court, W.D. Michigan

Decided May 3, 1989No. G88-380 CA1, G88-582 CA1PublishedCited by 27 opinions

1Opinion of the Court

OPINION

HILLMAN, Chief Judge.

These actions are brought by approximately five hundred investors who lost money in the so-called Diamond Mortgage Corporation/A.J. Obie and Associates securities fraud. Plaintiffs sue two distinct sets of defendants. At all times relevant to these suits, defendants Peter Sugar and David Warner were attorneys at a Detroit law firm, defendant Jaffe, Snider, Raitt & Heuer, P.C. (the Jaffe defendants). Defendants James Karpen and Frederick Hof-fecker (the state defendants) were respectively the Director of Enforcement of the Michigan Corporations and Securities…

2Cases cited43 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Kentucky v. GrahamSupreme Court of the United States · 1985
  3. Car Carriers, Inc. v. Ford Motor Company and Nu-Car Carriers, Inc.Court of Appeals for the Seventh Circuit · 1984
  4. Walker Process Equipment, Inc. v. Food MacHinery & Chemical Corp.Supreme Court of the United States · 1965
  5. Pinter v. DahlSupreme Court of the United States · 1988

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3Cited by27 opinions

  1. Agristor Financial Corp. v. Van SickleCourt of Appeals for the Sixth Circuit · 1992
  2. Beaty v. Hertzberg & Golden, PcMichigan Supreme Court · 1997
  3. United States v. Newport News Shipbuilding & Dry Dock Co.Court of Appeals for the Federal Circuit · 1991
  4. Baker, Watts & Co. v. Miles & StockbridgeCourt of Special Appeals of Maryland · 1993
  5. Ballan v. Upjohn Co.District Court, W.D. Michigan · 1992

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