Legal Opinion
Smith v. Groover
District Court, N.D. Illinois
Decided February 22, 1979No. 77 C 2297PublishedCited by 36 opinions
1Opinion of the Court
MEMORANDUM OPINION
GRADY, District Judge.
Plaintiffs are buyers and sellers of soybean futures contracts at the Chicago Board of Trade’s soybean pit. Defendants are individual soybean traders or brokers and the Chicago Board of Trade (“CBOT” and “the Board”). Plaintiffs allege that they were injured by the manipulative pricing practices of the individual defendants and the failure of the CBOT to enforce its rules.
The CBOT is a contract market, as defined in the Commodity Exchange Act, 7 U.S.C. Section 7 (“CEA”), through which transactions for the future delivery of commodities are consummated.…
2Cases cited36 opinions
- Cort v. AshSupreme Court of the United States · 1975
- International Union, United Automobile, Aerospace & Agricultural Implement Workers of America v. Hoosier Cardinal Corp.Supreme Court of the United States · 1966
- Silver v. New York Stock ExchangeSupreme Court of the United States · 1963
- Ricci v. Chicago Mercantile ExchangeSupreme Court of the United States · 1973
- Landry v. Federal Deposit Insurance CorporationCourt of Appeals for the Third Circuit · 1973
31 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- United States v. BrienCourt of Appeals for the First Circuit · 1980
- S. John Chipser v. Kohlmeyer & Co., a Partnership, and Thomson & McKinnon Auchincloss Kohlmeyer, Inc., a CorporationCourt of Appeals for the Fifth Circuit · 1979
- In re Sumitomo Copper LitigationDistrict Court, S.D. New York · 1998
- Curran v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Sixth Circuit · 1980
- J. J. Curran v. Merrill LynchCourt of Appeals for the Sixth Circuit · 1980
31 more not listed; retrieve them via the Exa API.