Legal Opinion
Robert S. Robertson v. Dean Witter Reynolds, Inc.
Court of Appeals for the Ninth Circuit
Decided December 10, 1984No. 83-1664PublishedCited by 591 opinions
1Opinion of the Court
NELSON, Circuit Judge:
Robert S. Robertson alleges that Dean Witter Reynolds, Inc. violated its duty to him under Securities and Exchange Commission (“SEC”) Rule 10b-16. Rule 10b-16 requires brokers to disclose in writing the terms of credit they extend to customers who wish to purchase securities on margin. Robertson lost money after Dean Witter sold treasury bonds from his account because he failed to meet a margin call. The district court dismissed Robertson’s claim with prejudice pursuant to Fed.R.Civ.P. 12(b)(6). On appeal Robertson argues (1) that Rule 10b-16 creates an implied cause of…
2Cases cited24 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
19 more not listed; retrieve them via the Exa API.
3Cited by591 opinions
- Jena Balistreri v. Pacifica Police Department Al Olsen, Police Chief, Individually and as a Police AgentCourt of Appeals for the Ninth Circuit · 1990
- Dcd Programs, Ltd. v. Michael W. Leighton, Hill, Farrer & BurrillCourt of Appeals for the Ninth Circuit · 1987
- In Re Glenfed, Inc. Securities LitigationCourt of Appeals for the Ninth Circuit · 1994
- Smilecare Dental Group v. Delta Dental Plan of California, Inc.Court of Appeals for the Ninth Circuit · 1996
- Robin James, a Married Person in Her Separate Capacity v. Price Stern Sloan, Inc., a Delaware Corporation Penguin Putnam, Inc., a Delaware CorporationCourt of Appeals for the Ninth Circuit · 2002
586 more not listed; retrieve them via the Exa API.