Recaman v. Barish
District Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM AND ORDER
BRODERICK, District Judge.
Plaintiffs Recaman and Lopez, citizens of Columbia, South America, seek substantial compensatory and punitive damages in this action which was commenced on May 15, 1973 on behalf of themselves and all who purchased, for cash or on margin, shares of United States Investment Fund on or before October 7, 1960. 1 The gravamen of their complaint is that the prospectus and oral statements, pursuant to which the offers and sales were made, were false and misleading and violated Sections 5(a), (b) and (c) and 17(a) and (c) of the Securities Act of 1933…
2Cases cited17 opinions
- Steele v. Bulova Watch Co.Supreme Court of the United States · 1952
- Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
- Bersch v. Drexel Firestone, Inc.Court of Appeals for the Second Circuit · 1975
- Leasco Data Processing Equipment Corp. v. MaxwellCourt of Appeals for the Second Circuit · 1972
- Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
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3Cited by7 opinions
- CONTINENTAL GRAIN (AUSTRALIA) PTY. LTD., Appellant, v. PACIFIC OILSEEDS, INC. and Carl Ernest Claassen, Appellees, and Northrup, King & Co.Court of Appeals for the Eighth Circuit · 1979
- Ito International Corp. v. Prescott, Inc.Court of Appeals of Washington · 1996
- Fed. Sec. L. Rep. P 96,442 United States of America v. Larry N. CookCourt of Appeals for the Fifth Circuit · 1978
- Tamari v. Bache & Co. (Lebanon) S.A.L.District Court, N.D. Illinois · 1982
- Doll v. James Martin Associates (Holdings) Ltd.District Court, E.D. Michigan · 1984
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