Legal Opinion

McGonigle v. Combs

Court of Appeals for the Ninth Circuit

Decided June 19, 1992No. Nos. 89-16584, 89-16586, 89-16588, 89-16602, 89-16605, 89-16608, 89-16611, 89-16615, 89-16619 and 89-16620PublishedCited by 143 opinions

1Opinion of the Court

CANBY, Circuit Judge:

This appeal arises out of a private placement of stock in Spendthrift Farms, Inc. (“Spendthrift”) that occurred in 1983. Several investors sued the co-owners of Spendthrift, Brownell Combs II (“Combs”) and his father Leslie Combs II1, as well as consultants, attorneys, an investment bank, an accounting firm, and a commercial bank. In summary judgment and directed verdict rulings, the district court dismissed all claims against the professional defendants — the attorneys, the investment bank, the accounting firm, and the commercial bank. Some of the claims against Combs…

2Cases cited42 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
  4. Holmes v. Securities Investor Protection CorporationSupreme Court of the United States · 1992
  5. Palmer v. HoffmanSupreme Court of the United States · 1943

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3Cited by143 opinions

  1. Gary Davis v. Hsbc Bank Nevada, N.A.Court of Appeals for the Ninth Circuit · 2012
  2. Freeman v. City of Santa AnaCourt of Appeals for the Ninth Circuit · 1995
  3. In Re Worlds Of Wonder Securities LitigationCourt of Appeals for the Ninth Circuit · 1994
  4. Mirkin v. WassermanCalifornia Supreme Court · 1993
  5. Brownell Combs, Ii, Administrator C.T.A. Of the Estate of Leslie Combs, Ii, Deceased v. International Insurance CompanyCourt of Appeals for the Sixth Circuit · 2004

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