Legal Opinion
Waters v. International Precious Metals Corp.
Court of Appeals for the Eleventh Circuit
Decided September 30, 1999No. 97-5074PublishedCited by 82 opinions
1Opinion of the Court
BIRCH, Circuit Judge:
In this class action, customers of the commodity futures brokerage firm, Multi-Vest Options, Inc. (“MOI”), brought suit against the firm and its brokers and alleged that the defendants engaged in a scheme to defraud customers by soliciting and stimulating excessive trading in commodities options. James Grosfeld, as owner of MOI’s parent company, MultiVest, Inc., is the primary defendant in the case, because MultiVest, Inc. is substantially insolvent.
After seven years of extremely contentious litigation and five months of trial, the parties agreed to a settlement prior to…
2Cases cited18 opinions
- Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- Blanchard v. BergeronSupreme Court of the United States · 1989
- Boeing Co. v. Van GemertSupreme Court of the United States · 1980
- Evans v. Jeff D. Ex Rel. JohnsonSupreme Court of the United States · 1986
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3Cited by82 opinions
- Gooch v. Life Investors Insurance Co. of AmericaCourt of Appeals for the Sixth Circuit · 2012
- Ne. Eng'rs Fed. Credit Union v. Home Depot, Inc. (In Re Home Depot Inc.)Court of Appeals for the Eleventh Circuit · 2019
- Amber Gascho v. Global Fitness Holdings, LLCCourt of Appeals for the Sixth Circuit · 2016
- Lonardo v. Travelers Indemnity Co.District Court, N.D. Ohio · 2010
- Jane Doe v. Deja Vu Consulting, Inc.Court of Appeals for the Sixth Circuit · 2019
77 more not listed; retrieve them via the Exa API.