Legal Opinion
Hyman v. Gregory & Sons
New York Supreme Court
Decided September 9, 1964PublishedCited by 5 opinions
1Opinion of the CourtSamuel C. Coleman, J.
Four depositors of a bank join in an action against the bank to recover damages at common law and under section 12 of the Securities Act of 1933, as a result of a purchase by the plaintiffs, through the bank, of newly-issued securities. The four plaintiffs were friends and family relations, and one of them, Hyman, presumed to act for all four. The bank is ready to accept his acting for them, although thereby the position of the other three plaintiffs is probably improved.
The plaintiffs desired to subscribe to a new issue of shares of American Book-Stratford Press, Inc. They asked the bank, as…
2Cases cited12 opinions
- Royal Air Properties, Inc., a Corporation, Harold L. Heathman and Madge I. Heathman v. R. Philip SmithCourt of Appeals for the Ninth Circuit · 1962
- David B. Dale v. Henry P. Rosenfeld, Doing Business Under the Firm Name and Style of Henry P. Rosenfeld Co., Samson Wallach and Abraham S. GechtmanCourt of Appeals for the Second Circuit · 1956
- Cady v. MurphyCourt of Appeals for the First Circuit · 1940
- Murphy v. CadyDistrict Court, D. Maine · 1939
- Securities and Exchange Commission, Plaintiff-Respondent v. Guild Films Company, Inc., Santa Monica Bank, Southwest Bank of Inglewood, Hal Roach, Jr.Court of Appeals for the Second Circuit · 1960
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3Cited by5 opinions
- Adato v. KaganCourt of Appeals for the Second Circuit · 1979
- Zicklin v. BreuerDistrict Court, S.D. New York · 1982
- Cobb v. Uplands Hardware Corp.Appellate Court of Illinois · 1966
- Northrop v. DuPontSupreme Court of Virginia · 1970
- Adato v. KaganCourt of Appeals for the Second Circuit · 1979