Legal Opinion

Henryk De Kwiatkowski v. Bear, Stearns & Co., Inc., Bear, Stearns Securities Corporation, and Bear Stearns Forex Inc., and Albert J. Sabini

Court of Appeals for the Second Circuit

Decided September 19, 2002No. Docket 01-7112PublishedCited by 54 opinions

1Opinion of the Court

JACOBS, Circuit Judge.

In a period of less than five months-in 1994-95, plaintiff Henryk de Kwiatkowski (“Kwiatkowski”) made and lost hundreds of millions of dollars betting on the U.S. dollar by trading in currency futures. Kwi-atkowski traded on a governmental scale: At one point, his positions accounted for 30 percent of the total open interest in certain currencies on the Chicago Mercantile Exchange. After netting over $200 million in the first trading weeks, Kwiatkowski’s fortunes turned; between late December 1994 and mid-January 1995, Kwiatkowski suffered single-day losses of $112…

2Cases cited19 opinions

  1. Marilyn GALDIERI-AMBROSINI, Plaintiff-Appellant, v. NATIONAL REALTY & DEVELOPMENT CORP., Defendant-AppelleeCourt of Appeals for the Second Circuit · 1998
  2. Thomas Conway, Plaintiff-Appellee-Cross-Appellant v. Icahn & Co., Inc., Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1994
  3. Paine, Webber, Jackson & Curtis, Inc. v. AdamsSupreme Court of Colorado · 1986
  4. Leib v. Merrill Lynch, Pierce, Fenner & SmithDistrict Court, E.D. Michigan · 1978
  5. Glenn Hill v. Bache Halsey Stuart Shields Incorporated, a Delaware CorporationCourt of Appeals for the Tenth Circuit · 1986

14 more not listed; retrieve them via the Exa API.

3Cited by54 opinions

  1. Khan v. BDO Seidman, LLPAppellate Court of Illinois · 2011
  2. Chaney v. Dreyfus Service Corp.Court of Appeals for the Fifth Circuit · 2010
  3. Bear, Stearns Securities Corp. v. Gredd (In Re Manhattan Investment Fund Ltd.)District Court, S.D. New York · 2007
  4. Kirschner v. BennettDistrict Court, S.D. New York · 2009
  5. Securities & Exchange Commission v. LeeDistrict Court, S.D. New York · 2010

49 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API