Legal Opinion
Wieboldt v. Metz
District Court, S.D. New York
Decided February 22, 1973No. 70 Civ. 3237PublishedCited by 18 opinions
1Opinion of the Court
OPINION
LASKER, District Judge.
Enticed by an ad in The New York Times promising “the best of all business worlds”, plaintiff, William Wieboldt, purchased from Simplified Business Services (“SBS”) for $12,500 a franchise to operate a Simplified Business and Tax Center. He also acquired 1,500 SBS shares at $2.50 per share. Wieboldt’s investment was not as lucrative as he had hoped, a fact which eventually led him to bring this suit against SBS, some of its officers and directors and its advertising agency. The two corporate defendants are now bankrupt.
The thrust of the complaint is that the…
2Cases cited9 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Silver Hills Country Club v. SobieskiCalifornia Supreme Court · 1961
- Allan v. Chapman, Jr. v. Rudd Paint & Varnish Company, Dave Rivers and Alan ParkCourt of Appeals for the Ninth Circuit · 1969
4 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Fed. Sec. L. Rep. P 94,710 Securities and Exchange Commission v. Koscot Interplanetary, Inc.Court of Appeals for the Fifth Circuit · 1974
- Arnson v. General Motors CorporationDistrict Court, N.D. Ohio · 1974
- Fed. Sec. L. Rep. P 94,126 Nash & Associates, Inc. v. Lum's of Ohio, Inc.Court of Appeals for the Sixth Circuit · 1973
- Reprosystem, BV v. SCM Corp.District Court, S.D. New York · 1981
- Fed. Sec. L. Rep. P 94,562 Sam Bitter v. Hoby's International, Inc., a Corporation, Sam Bitter v. The Arizona Bank, a CorporationCourt of Appeals for the Ninth Circuit · 1974
13 more not listed; retrieve them via the Exa API.