Legal Opinion
SFM Holdings Ltd. v. Banc of America Securities, LLC
Court of Appeals for the Eleventh Circuit
Decided March 25, 2010No. 07-11178PublishedCited by 209 opinions
1Opinion of the Court
THRASH, District Judge:
SFM Holdings, Ltd. appeals the dismissal with prejudice of its complaint seeking damages for breach of fiduciary duty and constructive fraud. For the reasons set forth below, we affirm the judgment of the district court.
I. Facts and Procedural History
Appellant SFM Holdings, Ltd. (“SFM”) is one of 178 investors defrauded in one of the largest securities fraud cases in Florida history. The perpetrators, John Kim and Won Lee, operated as investment advisers using various entities, including Shoreland Trading. Dr. Salomon Melgen is the president and general partner of SFM.…
2Cases cited8 opinions
- Access Now, Inc. v. Southwest Airlines Co.Court of Appeals for the Eleventh Circuit · 2004
- Strategic Income Fund, L.L.C., Hennessy Cadillac, Inc. v. Spear, Leeds & Kellogg Corporation, First Options of Chicago, Inc.Court of Appeals for the First Circuit · 2002
- Maxcess, Inc. v. Lucent Technologies, Inc.Court of Appeals for the Eleventh Circuit · 2005
- Carl M. Limbaugh v. Merrill Lynch, Pierce, Fenner & Smith, Inc., a CorporationCourt of Appeals for the Eleventh Circuit · 1984
- Instituto De Prevision Militar v. Merrill LynchCourt of Appeals for the Eleventh Circuit · 2008
3 more not listed; retrieve them via the Exa API.
3Cited by209 opinions
- FindWhat Investor Group v. FindWhat. ComCourt of Appeals for the Eleventh Circuit · 2011
- Speaker v. U.S. Department of Health & Human Services Centers for Disease Control & PreventionCourt of Appeals for the Eleventh Circuit · 2010
- United States Ex Rel. Osheroff v. Humana, Inc.Court of Appeals for the Eleventh Circuit · 2015
- Magaly Pinares v. United Technologies CorporationCourt of Appeals for the Eleventh Circuit · 2014
- Garcia v. Carnival Corp.District Court, S.D. Florida · 2012
204 more not listed; retrieve them via the Exa API.