Legal Opinion

Independent Order of Foresters v. Donald, Lufkin & Jenrette, Inc.

Court of Appeals for the Second Circuit

Decided October 7, 1998No. 1721, Docket 97-9266PublishedCited by 45 opinions

1Opinion of the Court

PHILLIPS, Circuit Judge:

In this diversity action, International Order of Foresters (“IOF”) sued Donald, Luf-kin & Jenrette, Inc. and Donaldson, Lufkin & Jenrette Securities Corporation (collectively “DLJ”) on multiple New York common law claims growing out of losses suffered by IOF on securities purchased from DLJ. Two sets of claims were alleged in original and amended complaints. The original pleaded set, invoking a number of legal theories, centered on alleged misrepresentations and warranties made by DLJ in negotiations leading to the purchase of the securities. A later added set, also…

2Cases cited18 opinions

  1. Clark-Fitzpatrick, Inc. v. Long Island Rail RoadNew York Court of Appeals · 1987
  2. Jackson Leeds v. Jonathan S. Meltz, Anthony Mansfield, Susan Ferraro, Merrick T. Rossein, Unknown John and Jane DoesCourt of Appeals for the Second Circuit · 1996
  3. Shearson Lehman Hutton, Inc. v. Walter Wagoner, Jr., TrusteeCourt of Appeals for the Second Circuit · 1991
  4. Banque Arabe et Internationale D'Investissement v. Maryland National BankCourt of Appeals for the Second Circuit · 1995
  5. Thomas Conway, Plaintiff-Appellee-Cross-Appellant v. Icahn & Co., Inc., Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1994

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3Cited by45 opinions

  1. Ellington Credit Fund, Ltd. v. Select Portfolio Servicing, Inc.District Court, S.D. New York · 2011
  2. Chaney v. Dreyfus Service Corp.Court of Appeals for the Fifth Circuit · 2010
  3. Securities Investor Protection Corp. v. Stratton Oakmont, Inc.United States Bankruptcy Court, S.D. New York · 1999
  4. Raniola v. BrattonCourt of Appeals for the Second Circuit · 2001
  5. United States v. Jeffrey Szur, Elaine Szur, Cary Weinstein, Vadim Kaplun, David M. Gold, Ronald D. Gray, Bertram SlutskyCourt of Appeals for the Second Circuit · 2002

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