Legal Opinion
Samuel STERN, Appellant, v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., Appellee
Court of Appeals for the Fourth Circuit
Decided July 16, 1979No. 78-1377PublishedCited by 44 opinions
1Opinion of the Court
DONALD RUSSELL, Circuit Judge:
This is a suit by a disappointed long-time speculator to recoup, under federal security laws, from his broker the losses sustained by him as a result of certain option purchases made entirely on the speculator’s own independent responsibility against the positive advice of the broker’s representative. The plaintiff-investor has stated in separate counts of his amended complaint a number of grounds for recovery, only one of which is pertinent to this appeal, i. e., the count stating an alleged implied right of action for a violation by the defendant-broker of…
2Cases cited71 opinions
- Bivens v. Six Unknown Named Agents of Federal Bureau of NarcoticsSupreme Court of the United States · 1971
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cort v. AshSupreme Court of the United States · 1975
- Davis v. PassmanSupreme Court of the United States · 1979
- Cannon v. University of ChicagoSupreme Court of the United States · 1979
66 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- Richard D. BENNETT and Carole A. Bennett, Plaintiffs-Appellants, v. UNITED STATES TRUST COMPANY OF NEW YORK, Defendant-AppelleeCourt of Appeals for the Second Circuit · 1985
- Brandenburg v. SeidelCourt of Appeals for the Fourth Circuit · 1988
- Huang v. Board Of Governors Of The University Of North CarolinaCourt of Appeals for the Fourth Circuit · 1990
- Herm v. StaffordCourt of Appeals for the Sixth Circuit · 1981
- Fed. Sec. L. Rep. P 98,300 Seymour Gilman and Wife, Rosalind K. Gilman, Cross-Appellants v. Federal Deposit Insurance Corporation, Cross-AppelleeCourt of Appeals for the Sixth Circuit · 1981
39 more not listed; retrieve them via the Exa API.