Legal Opinion
Corson v. First Jersey Securities, Inc.
District Court, D. New Jersey
Decided May 10, 1982No. Civ. A. 80-720PublishedCited by 11 opinions
1Opinion of the Court
OPINION
GERRY, District Judge.
This is an action for damages under the securities laws — § 10(b) and common law fraud. Plaintiffs allege that defendants were involved in a distribution of certain securities. Defendants purchased the securities for its own account and then sold them to plaintiffs at inflated prices. In addition, defendants represented to plaintiffs that the securities were “hot” issues. Defendants told plaintiffs that they were preferred customers and were getting a good deal. Plaintiffs allege that these statements were misleading and calculated to obtain their reliance. The…
2Cases cited14 opinions
- Burnett v. New York Central RailroadSupreme Court of the United States · 1965
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. WareSupreme Court of the United States · 1973
- Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
- Fed. Sec. L. Rep. P 94,758 George T. Hupp v. Laurence Gray, an Individual, and A. G. Becker and Company, a CorporationCourt of Appeals for the Seventh Circuit · 1974
- Robert P. BIGGANS, Appellant, v. BACHE HALSEY STUART SHIELDS, INC., F/T/A Bache Halsey Stuart, Inc.Court of Appeals for the Third Circuit · 1981
9 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Kronfeld v. First Jersey National BankDistrict Court, D. New Jersey · 1986
- Anisfeld v. Cantor Fitzgerald & Co., Inc.District Court, S.D. New York · 1986
- Grosser v. Commodity Exchange, Inc.District Court, S.D. New York · 1986
- Michael Kolomick v. United Steelworkers of America, District 8, Afl-Cio and Donn Corporation Floor DivisionCourt of Appeals for the Fourth Circuit · 1985
- Kronfeld v. Advest, Inc.District Court, S.D. New York · 1987
6 more not listed; retrieve them via the Exa API.