Legal Opinion
Delbert L. Dunmire v. Lawrence J. Schneider
Court of Appeals for the Seventh Circuit
Decided March 15, 2007No. 06-1254PublishedCited by 11 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
Delbert Dunmire traded silver futures contracts through Morgan Stanley and its predecessor Dean Witter. Dunmire’s broker, John Hoffman, retired in 2002 and Morgan Stanley assigned the account to his son Matt. Lawrence Schneider, a supervisory broker, assured Dunmire that Matt was up to the task and promised to keep tabs on his performance. In April 2004 volatility in the silver market led the New York Mercantile Exchange, where Dunmire’s contracts were trading, to increase its maintenance margin require- merits. Matt Hoffman miscalculated the effects of this change…
2Cases cited4 opinions
- Roby v. Corp. of Lloyd'sCourt of Appeals for the Second Circuit · 1993
- Fed. Sec. L. Rep. P 94,913 Asset Allocation and Management Company v. Western Employers Insurance CompanyCourt of Appeals for the Seventh Circuit · 1990
- Letizia v. Prudential Bache Securities, Inc.Court of Appeals for the Ninth Circuit · 1986
- Delbert L. Dunmire v. Morgan Stanley Dw, Inc.Court of Appeals for the Eighth Circuit · 2007
3Cited by11 opinions
- Alfred Janiga v. Questar Capital CoCourt of Appeals for the Seventh Circuit · 2010
- Pine Top Receivables of Illinois, LLC v. Banco De Seguros Del EstadoCourt of Appeals for the Seventh Circuit · 2014
- German American Financial Advisors & Trust Co. v. ReedIndiana Court of Appeals · 2012
- Matria Healthcare, LLC v. DuthieDistrict Court, N.D. Illinois · 2008
- Bricklayers Local 8 of Illinois v. Western Waterproofing Company, Inc.District Court, C.D. Illinois · 2023
6 more not listed; retrieve them via the Exa API.