Legal Opinion
Gallion v. Alabama Market Centers, Inc.
Supreme Court of Alabama
Decided August 22, 1968No. 6 Div. 506PublishedCited by 17 opinions
1Opinion of the Court
SIMPSON, Justice.
In January, 1967 the Securities Commis-sibner informed the appellees that the plans, practices and procedures of the Alabama Market Centers, Inc. did not come within the purview or under the provisions of the Alabama ■ security laws “as the Alabama Market Centers, Inc., * * * is not in our opinion selling stocks, bonds, securities, debentures, but is solely in the business of selling commodities and the salesman who introduces a purchaser known as a Supervisor or Distributor receives a commission on persons they introduce to the Market Center” who purchase products and that…
2Cases cited6 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- D. H. Roe and Stratoray Oil, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1961
- Los Angeles Trust Deed & Mortgage Exchange v. Securities & Exchange CommissionCourt of Appeals for the Ninth Circuit · 1960
- Blackwell v. BentsenCourt of Appeals for the Fifth Circuit · 1953
- Emery v. So-Soft of Ohio, Inc.Ohio Court of Appeals · 1964
1 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Fed. Sec. L. Rep. P 93,748 Securities and Exchange Commission v. Glenn W. Turner Enterprises, Inc.Court of Appeals for the Ninth Circuit · 1973
- State Ex Rel. Commissioner of Securities v. Hawaii Market Center, Inc.Hawaii Supreme Court · 1971
- Hirsch v. DuPontDistrict Court, S.D. New York · 1975
- Favor v. StateCourt of Criminal Appeals of Alabama · 1980
- Manson v. StateCourt of Criminal Appeals of Alabama · 1977
12 more not listed; retrieve them via the Exa API.