Legal Opinion
Kakar v. Chicago Board Options Exchange, Inc.
District Court, S.D. New York
Decided March 7, 1988No. 87 Civ. 2521 (RWS)PublishedCited by 7 opinions
1Opinion of the Court
OPINION
SWEET, District Judge.
Defendant Chicago Board Options Exchange, Inc. (“CBOE”) has moved under Fed.R.Civ.P. 56 for an order granting summary judgment in its favor and dismissing the complaint of pro se plaintiff Sudhir Kakar (“Kakar”). Upon the facts and conclusions set forth below, summary judgment is granted and the complaint is dismissed.
Facts
This action arises out of a loss that Ka-kar incurred while selling (writing) Standard & Poor Index put options (“OEX options”) on the CBOE. A “put option” obligates the seller (writer) to buy shares of the underlying security at a stated price…
2Cases cited14 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Cort v. AshSupreme Court of the United States · 1975
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. CurranSupreme Court of the United States · 1982
- Ryder Energy Distribution Corporation v. Merrill Lynch Commodities Inc., E.F. Hutton & Co., Inc., and New York Mercantile ExchangeCourt of Appeals for the Second Circuit · 1984
- Colonial Realty Corporation v. Bache & Co.Court of Appeals for the Second Circuit · 1966
9 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Craighead v. E.F. Hutton & Co.Court of Appeals for the Sixth Circuit · 1990
- Craighead v. Hutton & Company, Inc.Court of Appeals for the Sixth Circuit · 1990
- Pompano-Windy City Partners, Ltd. v. Bear Stearns & Co.District Court, S.D. New York · 1992
- In re Barclays Liquidity Cross & High Frequency Trading LitigationDistrict Court, S.D. New York · 2015
- Spicer v. Chicago Board of Options Exchange, Inc.Court of Appeals for the Seventh Circuit · 1992
2 more not listed; retrieve them via the Exa API.