Legal Opinion
Hurley v. Federal Deposit Ins. Corp.
District Court, D. Massachusetts
Decided August 8, 1989No. Civ. A. 88-1940-T, 88-1969-TPublishedCited by 46 opinions
1Opinion of the Court
MEMORANDUM
TAURO, District Judge.
This lawsuit is one of a series of cases filed in federal and state court following the disclosure by bank examiners of financial irregularities at the First Service Bank for Savings. 1 The plaintiffs are representatives of a putative class of the bank’s shareholders who purchased stock in the over the counter (“OTC”) market between December 5, 1986 and August 15, 1988. The defendants fit into five categories: 1) the Federal Deposit Insurance Corporation; 2 2) C. William Wester, the bank’s former President, Chief Executive Officer and Chairman of the bank’s…
2Cases cited16 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Howard Wool v. Tandem Computers Incorporated, Robert C. Marshall, Henry v. Morgan, and James G. TreybigCourt of Appeals for the Ninth Circuit · 1987
- Fed. Sec. L. Rep. P 98,697 John P. Decker v. Massey-Ferguson, LimitedCourt of Appeals for the Second Circuit · 1982
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3Cited by46 opinions
- Richard Romani v. Shearson Lehman HuttonCourt of Appeals for the First Circuit · 1991
- Bowe v. Polymedica Corp.Court of Appeals for the First Circuit · 2005
- Binder v. GillespieCourt of Appeals for the Ninth Circuit · 1999
- In Re Atlas Air Worldwide Holdings, Inc. Securities LitigationDistrict Court, S.D. New York · 2004
- In Re Bank of Boston Corp. Securities LitigationDistrict Court, D. Massachusetts · 1991
41 more not listed; retrieve them via the Exa API.