Legal Opinion
Robert B. GROVE, Appellee, v. the FIRST NATIONAL BANK OF HERMINIE, Appellant
Court of Appeals for the First Circuit
Decided January 21, 1974No. 73-1172PublishedCited by 19 opinions
1Opinion of the Court
OPINION OF THE COURT
2Per curiam
Plaintiff-appellee Grove sought damages alleging violations of Federal Reserve margin requirements (Regulation U: 12 CFR § 221) promulgated pursuant to the Securities Exchange Act of 1934, 15 U.S.C.A. § 78g. Jurisdiction is asserted under 15 U.S.C.A. § 78aa.
I
In a non-jury proceeding, the trial court found that the defendant-appellant First National Bank of Herminie, (hereinafter “Bank”) had violated Regulation U, and awarded damages in the amount of $67,367.49 to the plaintiff. In addition, the court dismissed defendant’s counterclaims seeking recovery for loans made by…
3Cases cited8 opinions
- George S. Krasnov v. Brendan DinanCourt of Appeals for the Third Circuit · 1972
- Fed. Sec. L. Rep. P 92,710 Stanley S. Pearlstein v. Scudder & German, a PartnershipCourt of Appeals for the Second Circuit · 1970
- Remar v. Clayton Securities CorporationDistrict Court, D. Massachusetts · 1949
- Serzysko v. Chase Manhattan BankDistrict Court, S.D. New York · 1968
- Fed. Sec. L. Rep. P 93,641 Martin R. Goldman v. Bank of the Commonwealth, a Michigan Banking CorporationCourt of Appeals for the Sixth Circuit · 1972
3 more not listed; retrieve them via the Exa API.
4Cited by19 opinions
- Gfl Advantage Fund, Ltd., a British Virgin Islands Corporation v. Douglas R. Colkitt Douglas ColkittCourt of Appeals for the Third Circuit · 2001
- Fed. Sec. L. Rep. P 98,718 Regional Properties, Inc., Cross-Appellants v. Financial and Real Estate Consulting Company, Cross-AppelleesCourt of Appeals for the Fifth Circuit · 1982
- Freeman v. Marine Midland Bank-New YorkDistrict Court, E.D. New York · 1976
- Congoleum Industries, Inc. v. Armstrong Cork CompanyCourt of Appeals for the Third Circuit · 1975
- Stonehill v. Security National BankDistrict Court, S.D. New York · 1975
14 more not listed; retrieve them via the Exa API.