Legal Opinion
Rosenberg v. Hano & Co.
District Court, E.D. Pennsylvania
Decided December 6, 1938No. 20700PublishedCited by 11 opinions
1Opinion of the Court
DICKINSON, District Judge.
The grievance of the plaintiff is that he was induced by the defendants to give $54.-75 per share for the stock of the Schenley Distillers Corporation when its real value was only $17.75 per share. The defendants are a Brokerage House and one of its salesmen. There is no averment of diversity of citizenship.
The jurisdiction of this Court to entertain the action is based upon the feature that the action is in turn based upon the National Securities Exchange Act of June 6th, 1934, 15 U.S.C.A. § 78i.
The Rule before us is one to strike off the Statement of Claim. The…
2Cited by11 opinions
- In Re Caesars Palace Securities LitigationDistrict Court, S.D. New York · 1973
- Rosenberg v. HanoCourt of Appeals for the Third Circuit · 1941
- Elysian Federal Savings Bank v. First Interregional Equity Corp.District Court, D. New Jersey · 1989
- Chambliss v. Coca-Cola Bottling CorporationDistrict Court, E.D. Tennessee · 1967
- Morgan v. Kobrin Securities, Inc.District Court, N.D. Illinois · 1986
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