Legal Opinion
Brockton Savings Bank v. Peat, Marwick, Mitchell & Co.
District Court, D. Massachusetts
Decided December 9, 1983No. Civ. A. 83-0478-NPublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
DAVID S. NELSON, District Judge.
Plaintiff, Brockton Savings Bank (Brock-ton) seeks to recover losses resulting from its purchase of a certificate of deposit (CD) from Penn Square Bank of Oklahoma (Penn Square). Three of four defendants— Peat, Marwick, Mitchell and Co. (Peat Mar-wick), a national partnership of Certified Public Accountants, and two of its partners, James Blanton and C. Dean York— move under Fed.R.Civ.P. 12(b)(6) to dismiss this action as to them on the grounds that the complaint fails to state a claim upon which relief can be granted.
After carefully…
2Cases cited13 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Walker Process Equipment, Inc. v. Food MacHinery & Chemical Corp.Supreme Court of the United States · 1965
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Marine Bank v. WeaverSupreme Court of the United States · 1982
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3Cited by5 opinions
- Cvd, Incorporated v. Raytheon Company, and Third-PartyCourt of Appeals for the First Circuit · 1985
- Sebago, Inc. v. Beazer East, Inc.District Court, D. Massachusetts · 1998
- Murphy v. Stop & Go Shops, Inc. (In Re Stop & Go Shops, Inc.)United States Bankruptcy Court, D. Massachusetts · 1985
- American International Group, Inc. v. Ace Ina Holdings, Inc.District Court, N.D. Illinois · 2010
- Christopher Corbin and Rich Seronick Individually, and on behalf of all others similarly situated v. Hilco Merchant Resources, LLCUnited States Bankruptcy Court, D. Delaware · 2026