Frishman v. Maginn
Massachusetts Appeals Court
1Opinion of the CourtKatzmann, J.
In this case, we consider the applicability of *104regulation D, 17 C.F.R. §§ 230.501-230.506 (2007), issued pursuant to the Securities Act of 1933, 15 U.S.C. § 11A et seq., which prohibits the sale of unregistered securities in nonpublic offerings to “unaccredited investors.” The plaintiffs, Alan Frish-man (Frishman), Richard Simon, Joan Frishman (Joan), and Sheila Nassberg filed a two-count complaint against the defendant, Robert A. Maginn, Jr. Count one alleged that the defendant breached a contract in which he purportedly agreed to assign to the plaintiffs certain shares of stock of iBasis,…
2Cases cited26 opinions
- Kourouvacilis v. General Motors Corp.Massachusetts Supreme Judicial Court · 1991
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Pinter v. DahlSupreme Court of the United States · 1988
- Situation Management Systems, Inc. v. Malouf, Inc.Massachusetts Supreme Judicial Court · 2000
- Lafayette Place Associates v. Boston Redevelopment AuthorityMassachusetts Supreme Judicial Court · 1998
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