United Housing Foundation, Inc. v. Forman
Supreme Court of the United States
1Opinion of the CourtJustice Powell
The issue in these cases is whether shares of stock entitling a purchaser to lease an apartment in Co-op City, a state subsidized and supervised nonprofit housing cooperative, are “securities” within the purview of the Securities Act of 1933 and the Securities Exchange Act
Co-op City is a massive housing cooperative in New York City. Built between 1965 and 1971, it presently houses approximately 50,000 people on a 200-acre site containing 35 high-rise buildings and 236 town houses. The project was organized, financed, and constructed under the New York State Private Housing Finance Law,…
2Cases cited19 opinions
- United States v. American Trucking AssociationsSupreme Court of the United States · 1940
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Church of the Holy Trinity v. United StatesSupreme Court of the United States · 1892
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
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3Cited by902 opinions
- John D. Williamson, Plaintiffs-Appellants-Cross v. Gordon G. Tucker, Defendants-Appellees-CrossCourt of Appeals for the Fifth Circuit · 1981
- General Electric Co. v. GilbertSupreme Court of the United States · 1976
- International Brotherhood of Teamsters v. DanielSupreme Court of the United States · 1979
- Landreth Timber Co. v. LandrethSupreme Court of the United States · 1985
- Fed. Sec. L. Rep. P 95,614 the Exchange National Bank of Chicago v. Touche Ross & Co.Court of Appeals for the Second Circuit · 1976
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