Legal Opinion
Barnes v. Peat, Marwick, Mitchell & Co.
Appellate Division of the Supreme Court of the State of New York
Decided June 7, 1973PublishedCited by 19 opinions
1Per curiam
This is an action for damages resulting from the purchase by plaintiffs of stock of National Student Marketing Corporation. Liability of the defendants is based upon alleged violations of subdivision (a) of section 17 of the Securities Act of 1933 (U. S. Code, tit. 15, § 77q) and of the New York General Business Law (§§ 339-a and 352-c).
The complaint alleges purchases by some 31 different persons and each purchase was a distinct and separate transaction not related to the others except that each is alleged to have been induced by the same wrongful acts of the defendants. Defendants moved to…
2Cases cited1 opinion
- General Aniline & Film Corp. v. Bayer Co.New York Court of Appeals · 1953
3Cited by19 opinions
- Herzfeld v. Laventhol, Krekstein, Horwath & HorwathDistrict Court, S.D. New York · 1974
- Baker v. SalomonAppellate Court of Illinois · 1975
- Diehl & Sons, Inc. v. International Harvester Co.District Court, E.D. New York · 1978
- Whitbread (US) Holdings, Inc. v. Baron Philippe De RothschildDistrict Court, S.D. New York · 1986
- Eriksson v. GalvinDistrict Court, S.D. New York · 1980
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