Legal Opinion
Borowsky v. Borowsky
District Court, E.D. Pennsylvania
Decided September 2, 1965No. Civ. A. No. 34506Published
1Opinion of the Court
KRAFT, District Judge.
The plaintiff in this action seeks to recover damages under the provisions of the Securities Exchange Act of 1934, as amended, 15 U.S.G. § 78a et seq. The case is now before us on defendants’ motions to dismiss and for summary judgment.
Plaintiff alleges that on July 24, 1962, she was the owner of 222 shares of the capital stock of defendant George K. Garrett Company, Inc. (Garrett), which she sold and delivered to Garrett, on that date for the sum of $211,000, or $950.45 per share, for redemption and cancellation by Garrett.
The complaint avers, in substance, that in May…
2Cases cited8 opinions
- Poller v. Columbia Broadcasting System, Inc.Supreme Court of the United States · 1962
- Empire Electronics Co., Inc. v. United StatesCourt of Appeals for the Second Circuit · 1962
- Colby v. KluneCourt of Appeals for the Second Circuit · 1949
- Subin v. GoldsmithCourt of Appeals for the Second Circuit · 1955
- The Alabama Great Southern Railroad Company v. Louisville and Nashville Railroad CompanyCourt of Appeals for the Fifth Circuit · 1955
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