Legal Opinion
Demarco v. Edens
Court of Appeals for the Second Circuit
Decided March 7, 1968No. Nos. 21, 22, Dockets 31067, 31068PublishedCited by 185 opinions
1Opinion of the Court
WATERMAN, Circuit Judge-
In two actions, allegedly maintainable as class actions, brought by different sets of plaintiffs but later consolidated for trial, each petitioner sought to recover the purchase price of $3.00 a share paid by petitioners for blocks of Precision Metal Products, Inc. common stock which had been purchased in November and December 1961. A New York underwriter, Armstrong & Co., Inc. (Armstrong) had agreed to market the stock of Precision Metal Products, Inc. on a “best efforts” basis, but had failed to remit the proceeds from most of the sales that had been made. When,…
2Cases cited18 opinions
- Hansberry v. LeeSupreme Court of the United States · 1940
- Trussell v. United Underwriters, Ltd.District Court, D. Colorado · 1964
- Neil Rogen v. Ilikon CorporationCourt of Appeals for the First Circuit · 1966
- Schillner v. H. Vaughan Clarke & Co.Court of Appeals for the Second Circuit · 1943
- Giordano v. Radio Corporation of AmericaCourt of Appeals for the Third Circuit · 1950
13 more not listed; retrieve them via the Exa API.
3Cited by185 opinions
- ECA, Local 134 IBEW Joint Pension Trust of Chicago v. JP Morgan Chase Co.Court of Appeals for the Second Circuit · 2009
- Robidoux v. CelaniCourt of Appeals for the Second Circuit · 1993
- Fed. Sec. L. Rep. P 93,959 Frank Lanza, Jr. v. Drexel & Co., Theodore J. Kircher and Christie F. VitoloCourt of Appeals for the Second Circuit · 1973
- Fed. Sec. L. Rep. P 98,265 Fred Zeidman and Steven Youngelson v. J. Ray McDermott & Co., Inc.Court of Appeals for the Fifth Circuit · 1981
- Fed. Sec. L. Rep. P 96,366 Benjamin A. Cook v. Avien, Inc., James F. Pritchard, Benjamin A. Cook v. Avien, Inc.Court of Appeals for the First Circuit · 1978
180 more not listed; retrieve them via the Exa API.