Legal Opinion
Weitzman v. Stein
District Court, S.D. New York
Decided September 6, 1977No. 70 Civ. 4037 (LFM)PublishedCited by 20 opinions
1Opinion of the Court
MacMAHON, District Judge.
This is an action for damages for fraud brought under the anti-fraud provisions of the federal securities laws 1 and the common law.
Plaintiff alleges that defendants, Stein, Rubinson and Feiffer (“the Stein group”), while secretly holding an option to buy 50,-000 unregistered shares of Radio Hill Mines Co., Ltd. (“Radio Hill”), at $1.50 per share, conspired in a fraudulent scheme to induce plaintiff to purchase through brokers 40,000 shares of Radio Hill as their nominee, at an average' price of approximately $3.25 per share. Plaintiff claims that defendants concealed…
2Cases cited29 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
24 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Mallis v. Bankers Trust Co.Court of Appeals for the Second Circuit · 1980
- Savino v. EF Hutton & Co., Inc.District Court, S.D. New York · 1981
- Lloyd v. Industrial Bio-Test Laboratories, Inc.District Court, S.D. New York · 1978
- Seagoing Uniform Corp. v. Texaco, Inc.District Court, S.D. New York · 1989
- Jaksich v. Thomson McKinnon Securities, Inc.District Court, S.D. New York · 1984
15 more not listed; retrieve them via the Exa API.