Legal Opinion
Modern Settings, Inc. v. Prudential-Bache Securities, Inc.
Court of Appeals for the Second Circuit
Decided May 6, 1991No. Nos. 1047, 1048, Dockets 90-7831, 90-7833PublishedCited by 12 opinions
1Opinion of the Court
LUMBARD, Circuit Judge:
Modern Settings, Inc., and Binder and Binder, as attorneys for Modern Settings, which is bankrupt, brought suit in the Southern District of New York against Prudential-Bache Securities, Inc. (Securities) and Prudential-Bache Metal Co., Inc. (Metal)1 in 1983 alleging that Securities and Metal wrongfully liquidated Modern Settings’s trading account with Securities, *642engaged in unauthorized trading in that account in violation of § 10(b) of the Securities Exchange Act, 15 U.S.C. § 78j (1988), and Rule 10b-5 promulgated thereunder, 17 C.F.R. 240.10b-5 (1990), and negligently…
2Cases cited15 opinions
- Beecher v. Peter A. Vogt Manufacturing Co.New York Court of Appeals · 1920
- Cauble v. Mabon Nugent & Co.District Court, S.D. New York · 1984
- Geldermann and Company, Inc. v. Lane Processing, Inc.Court of Appeals for the Eighth Circuit · 1975
- Morris v. . Windsor Trust Co.New York Court of Appeals · 1914
- Fore Improvement Corporation, .Appellant v. George R. Selig, Trustee-Appellee. In the Matter of Tru-Seal Aluminum Products Corp., BankruptCourt of Appeals for the Second Circuit · 1960
10 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- STMicroelectronics, N v. v. Credit Suisse Securities (USA) LLCCourt of Appeals for the Second Circuit · 2011
- Bruce Comly French v. Bank One, Lima N.A. (In Re Rehab Project, Inc.)United States Bankruptcy Court, N.D. Ohio · 1999
- U.S. Aeroteam, Inc. v. Delphi Automotive Systems, LLC (In Re U.S. Aeroteam, Inc.)United States Bankruptcy Court, S.D. Ohio · 2005
- Liddle v. Drexel Burnham Lambert Group, Inc. (In Re Drexel Burnham Lambert Group, Inc.)District Court, S.D. New York · 1993
- Gwynn v. ClubineDistrict Court, W.D. New York · 2004
7 more not listed; retrieve them via the Exa API.