Legal Opinion
Ernest E. Sargent v. Paine Webber Jackson & Curtis, Inc., Ndba as Painewebber Incorporated
Court of Appeals for the D.C. Circuit
Decided August 15, 1989No. 88-7133PublishedCited by 49 opinions
1Opinion of the Court
Opinion for the court filed by Circuit Judge STEPHEN F. WILLIAMS.
STEPHEN F. WILLIAMS, Circuit Judge:
In August 1983 Ernest E. Sargent and his daughter Cynthia L. Sargent opened an account with PaineWebber. To it they transferred 400 shares of Coleco Industries stock, some put and call options on Coleco, and some other (unspecified) securities. Ernest Sargent maintains that this portfolio embodied his life’s savings.
The price of Coleco stock had been sinking since the Sargents’ original purchase, and it continued to do so after the transfer. Soon after moving the account, Ernest Sargent sought…
2Cases cited9 opinions
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Wilko v. SwanSupreme Court of the United States · 1953
- Fed. Sec. L. Rep. P 93,679 in the Matter of the Arbitration Between Herbert Sobel, and Hertz, Warner & Co.Court of Appeals for the Second Circuit · 1972
- In the Matter of the Arbitration Between Edward M. Siegel v. The Titan Industrial Corporation and Jerome A. SiegelCourt of Appeals for the Second Circuit · 1986
4 more not listed; retrieve them via the Exa API.
3Cited by49 opinions
- Spinelli, Gianpaola v. Goss, PorterCourt of Appeals for the D.C. Circuit · 2006
- Fed. Sec. L. Rep. P 96,863 A.G. Edwards & Sons, Inc., a Delaware Corporation v. William F. McCollough Jeanene McCollough Husband and WifeCourt of Appeals for the Ninth Circuit · 1992
- MCI CONSTRUCTORS, LLC v. City of GreensboroCourt of Appeals for the Fourth Circuit · 2010
- Robert C. Kanuth, Jr. v. Prescott, Ball & Turben, Inc.Court of Appeals for the D.C. Circuit · 1991
- LaPrade, Linda E. v. Kidder Peabody & CoCourt of Appeals for the D.C. Circuit · 2001
44 more not listed; retrieve them via the Exa API.