Legal Opinion

Bradford Trust Company of Boston v. Merrill Lynch, Pierce, Fenner and Smith, Inc.

Court of Appeals for the Second Circuit

Decided November 5, 1986No. 73, Docket 85-9045PublishedCited by 46 opinions

1Opinion of the Court

CARDAMONE, Circuit Judge:

Appellant, the Bradford Trust Company of Boston (Bradford), the servicing agent for a group of mutual funds known as the Massachusetts Funds, liquidated two of its clients’ holdings and remitted the proceeds pursuant to what it thought were its clients’ instructions. It appeared later that appellant had been duped and the signatures on the instructions and documents forwarded were forgeries, even though they had allegedly been guaranteed by ap-pellee, Merrill Lynch, Pierce, Fenner Smith (Merrill Lynch). After making whole the clients' accounts at a cost of 200,000…

2Cases cited10 opinions

  1. Zenith Radio Corp. v. Hazeltine Research, Inc.Supreme Court of the United States · 1971
  2. Jefferey Dale Ellis, Administrator of the Estate of Margaret Ann Ellis, Deceased v. International Playtex, Inc., a Delaware CorporationCourt of Appeals for the Fourth Circuit · 1984
  3. Arthur Clark v. The Pennsylvania Railroad CompanyCourt of Appeals for the Second Circuit · 1964
  4. City of New York v. Pullman Inc.Court of Appeals for the Second Circuit · 1981
  5. Landella Kanelos v. Milton KettlerCourt of Appeals for the D.C. Circuit · 1968

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3Cited by46 opinions

  1. Perry Moss, Jr., and Rosalind E. Moss v. Ole South Real Estate, Inc., Perry Moss, Jr., and Rosalind E. Moss v. Ole South Real Estate, Inc.Court of Appeals for the Fifth Circuit · 1991
  2. Davignon v. HodgsonCourt of Appeals for the First Circuit · 2008
  3. Jean-Laurent v. HennessyDistrict Court, E.D. New York · 2011
  4. Iris v. Rivera-Flores v. Puerto Rico Telephone CompanyCourt of Appeals for the First Circuit · 1995
  5. United States v. Bruce CutlerCourt of Appeals for the Second Circuit · 1995

41 more not listed; retrieve them via the Exa API.

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