Legal Opinion
MacKethan v. Peat, Marwick, Mitchell & Co.
District Court, E.D. Virginia
Decided October 5, 1977No. Civ. A. 74-0013-RPublishedCited by 17 opinions
1Opinion of the Court
MEMORANDUM
MERHIGE, District Judge.
Norfolk Savings and Loan Corporation (NS&L), a state-chartered industrial loan association, was closed on January 2, 1973. Thousands of persons, including those who had purchased Norfolk Savings and Loan “certificates of investment” (Cl’s) suffered immediate monetary loss. Certain of the NS&L officers were subsequently convicted in Federal Court of mail fraud and other crimes in connection with the operation-of the corporation.
Edwin R. MacKethan, plaintiff, was appointed receiver of NS&L. Defendants are Peat, Marwick, Mitchell & Co. (PMM), an accounting firm;…
2Cases cited14 opinions
- Jenkins v. McKeithenSupreme Court of the United States · 1969
- 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
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
9 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Gasner v. County of DinwiddieDistrict Court, E.D. Virginia · 1995
- Virginia v. United StatesDistrict Court, E.D. Virginia · 1995
- Arnlund v. SmithDistrict Court, E.D. Virginia · 2002
- Meason v. Bank of MiamiCourt of Appeals for the Fifth Circuit · 1981
- Samuel WEAVER and Alice Weaver, Appellants, v. MARINE BANKCourt of Appeals for the Third Circuit · 1981
12 more not listed; retrieve them via the Exa API.