Legal Opinion
Commodity Futures Trading Commission v. International Foreign Currency, Inc.
District Court, E.D. New York
Decided September 3, 2004No. CV-03-3577 (TCP)(ARL)PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
PLATT, District Judge.
Before this Court are motions brought by International Foreign Currency, Inc. (“IFC”), Thomas Qualls (“Qualls”) and Michael Kourmolis (“Kourmalis”), (collectively “Defendants”), to dismiss pursuant to Fed.R.Civ.P. 12(b)(1) for lack of subject matter jurisdiction, and 12(b)(6), for failure to state a claim, the action commenced by the Commodities Futures Trading Commission (“CFTC” or “Plaintiff’).
For the following reasons, Defendants’ motions are DENIED.
BACKGROUND
A. Factual History
The CFTC brought suit against Defendants pursuant to the Commodity…
2Cases cited11 opinions
- Colautti v. FranklinSupreme Court of the United States · 1979
- Susan A. Desiderio v. National Association of Securities Dealers, Inc.Court of Appeals for the Second Circuit · 1999
- Mountain States Telephone & Telegraph Co. v. Pueblo of Santa AnaSupreme Court of the United States · 1985
- Dunn v. Commodity Futures Trading CommissionSupreme Court of the United States · 1997
- Commodity Futures Trading Commission v. Noble Wealth Data Information Services, Inc.District Court, D. Maryland · 2000
6 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Breen Belgium v. International Foreign Currency, Inc.Appellate Division of the Supreme Court of the State of New York · 2007
- Commodity Futures Trading Commission v. UForex Consulting, LLC.District Court, W.D. Louisiana · 2008
- Moore Capital Management, L.P. v. Giddens (In re Lehman Bros.)District Court, S.D. New York · 2015
- Ryan Cox v. CoinMarketCap OpCo LLC, et al.District Court, D. Arizona · 2026