Legal Opinion
Securities & Exchange Commission v. Charles Zandford
Court of Appeals for the Fourth Circuit
Decided January 26, 2001No. 99-1733PublishedCited by 8 opinions
1Opinion of the Court
OPINION
WILKINSON, Chief Judge:
Defendant Charles Zandford was convicted of thirteen counts of wire fraud for stealing from two of his investment clients. The Securities and Exchange Commission subsequently filed this civil action against Zandford under § 17(a) of the Securities Act of 1933, § 10(b) of the Securities Exchange Act of 1934, and the SEC’s Rule 10b-5. The district court granted the SEC’s motion for summary judgment. Zandford now appeals. We hold that the federal securities laws do not reach every claim for the theft or conversion of a security from a brokerage account. Because…
2Cases cited23 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Emich Motors Corp. v. General Motors Corp.Supreme Court of the United States · 1951
- United States v. O'HaganSupreme Court of the United States · 1997
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3Cited by8 opinions
- Securities & Exchange Commission v. ZandfordSupreme Court of the United States · 2002
- Charles H. Behlen v. Merrill LynchCourt of Appeals for the Eleventh Circuit · 2002
- Shadow Factory Films Ltd. v. Swilley (In Re Swilley)United States Bankruptcy Court, D. South Carolina · 2003
- United States v. MaxwellDistrict Court, E.D. Virginia · 2002
- IDT Corp. v. eGlobe Inc.District Court, District of Columbia · 2001
3 more not listed; retrieve them via the Exa API.