Legal Opinion
Securities & Exchange Commission v. duPont, Homsey & Co.
District Court, D. Massachusetts
Decided May 1, 1962No. Civ. A. 60-659PublishedCited by 3 opinions
1Opinion of the Court
FRANCIS J. W. FORD, District Judge.
Petitioner Legate in 1959 became a limited partner in the defendant firm now in receivership, turning over to the firm $80,000 in cash and securities. In his proof of claim and petition Legate alleges that he was induced to become a limited partner by the misrepresentations of Hornsey, the principal general partner of the firm. He further alleges that the New York Stock Exchange, both before and after the time he became a limited partner, had knowledge that Hornsey and the firm in the conduct of their business had violated the law and the rules and…
2Cases cited4 opinions
- McCandless v. FurlaudSupreme Court of the United States · 1935
- Richards v. ToddMassachusetts Supreme Judicial Court · 1879
- Central Hanover Bank & Trust Co. v. President & Directors of Manhattan Co.Court of Appeals for the Second Circuit · 1939
- Dabney v. Chase Nat. Bank of City of New YorkCourt of Appeals for the Second Circuit · 1953
3Cited by3 opinions
- William H. Legate v. J. Joseph Maloney, Jr., ReceiverCourt of Appeals for the First Circuit · 1965
- William H. Legate v. J. Joseph Maloney, Jr., ReceiverCourt of Appeals for the First Circuit · 1964
- McGraw v. Betz (In re Bell & Beckwith)United States Bankruptcy Court, N.D. Ohio · 1990