Legal Opinion
Norman v. Salomon Smith Barney, Inc.
District Court, S.D. New York
Decided June 9, 2004No. 03 Civ. 4391(GEL)PublishedCited by 24 opinions
1Opinion of the Court
OPINION AND ORDER
LYNCH, District Judge.
This action involves claims by customers of defendant Salomon Smith Barney (“Sa-lomon”) that Salomon breached its fiduciary and contractual duties to those customers and violated the Investment Advisors Act of 1940 (“IAA”). Plaintiffs are a proposed class of investors who held Guided Portfolio Management (“GPM”) accounts at Salomon, which offered individualized investment management services based on the recommendations of Salomon research analysts, recommendations that plaintiffs allege were tainted by conflicts of interest that were undisclosed to…
2Cases cited33 opinions
- Swierkiewicz v. Sorema N. A.Supreme Court of the United States · 2002
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991
- Equal Employment Opportunity Commission v. Commercial Office Products Co.Supreme Court of the United States · 1988
28 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Ryan Rowinski, on Behalf of Himself and All Others Similarly Situated v. Salomon Smith Barney Inc., Ryan RowinskiCourt of Appeals for the Third Circuit · 2005
- In Re WorldCom, Inc. Securities LitigationDistrict Court, S.D. New York · 2005
- In Re Mutual Funds Investment LitigationDistrict Court, D. Maryland · 2005
- LaSala v. Bank of Cyprus Public Co. Ltd.District Court, S.D. New York · 2007
- Hasso v. HapkeCalifornia Court of Appeal · 2014
19 more not listed; retrieve them via the Exa API.