Securities: Commodity Futures Trading Commission v. Walsh 

By Daily Record Staff
POSTED: August 16, 2010
Tags: Case Digests, securities, u.s. court of appeals for the second circuit

U.S. Court of Appeals for the Second Circuit

Securities
Commodity Futures Trading Commission v. Walsh
09-3742-cv
Appealed from the Southern District of New York
Background: Janet Schaberg, sued under the name Janet Walsh, is the former wife of Stephen Walsh, a defendant in actions brought by the Commodity Futures Trading Commission and the Securities and Exchange Commission, which allege violations [...]

Securities: Slayton v. American Express 

By Daily Record Staff
POSTED: May 19, 2010
Tags: Second Circuit, securities, U.S. Court of Appeals

U.S. Court of Appeals, Second Circuit
Securities
Slayton v. American Express
08-5442-cv
Appealed from the Southern District of New York
Background: The appeal is from a judgment of the U.S. District Court for the Southern District of New York, which dismissed the plaintiffs’ second amended complaint. In the complaint, the plaintiffs alleged violations of sections 10(b) and 20(a) of the [...]

Mortgage-backed securities gain investors 

By Dolan Media Newswires
POSTED: May 10, 2010
Tags: investors, mortgage, mortgage-backed securities, securities

Mortgage-backed securities, once used to fuel risky, highly leveraged residential loans, are back as the go-to commercial real estate investment. This time, stricter lending standards and larger equity …

Securities: Pacific Investment Management Company LLC v. Mayer Brown 

By Daily Record Staff
POSTED: April 29, 2010
Tags: Second Circuit, securities, U.S. Court of Appeals

U.S. Court of Appeals for the Second Circuit
Securities
Liability of Outside Counsel – False Statements
Pacific Investment Management Company LLC v. Mayer Brown
09-1619-cv
Appealed from the Southern District of New York
Background: This appeal presents two basic questions about the scope of federal securities laws: Whether, under §10(b) of the Securities Exchange Act of 1934, 15 U.S.C. §78j(b), and [...]

Securities: In Re Omnicom Group Inc. Securities Litigation 

By Daily Record Staff
POSTED: March 10, 2010
Tags: Second Circuit, securities, U.S. Court of Appeals

U.S. Court of Appeals, Second Circuit
Securities
In Re Omnicom Group Inc. Securities Litigation
08-0612-cv
Appealed from the Southern District of New York
Background: The appeal is from a district court judgment granting the defendants’ motion for summary judgment. The district court held that the defendants were entitled to summary judgment on the plaintiffs’ claims under Section 10(b) of the [...]

Securities: Industrial Technology Ventures LP v. Pleasant T. Rowland Revocable Trust 

By Daily Record Staff
POSTED: February 25, 2010
Tags: securities, Securities Exchange Act of 1934, U.S. District Court Western District of New York

U.S. District Court, Western District of New York
Securities
Industrial Technology Ventures LP v. Pleasant T. Rowland Revocable Trust
08-CV-6227
Judge Siragusa
Background: The diversity lawsuit alleging unjust enrichment, tortious interference with business relationships, common law fraud, civil conspiracy and violations of the Securities Exchange Act of 1934 is before the court on motions to dismiss filed by the defendants. [...]

Securities: Law Debenture Trust Co. of New York v. Maverick Tube Corp. 

By Daily Record Staff
POSTED: February 22, 2010
Tags: Law Debenture Trust Co. of New York, Maverick Tube Co., Second Circuit, securities, U.S. Court of Appeals

U.S. Court of Appeals, Second Circuit
Securities
Law Debenture Trust Co. of New York v. Maverick Tube Corp.
08-5668-cv
Appealed from the Southern District of New York
Background: The appeal is from a judgment dismissing an action brought by the holders of certain notes issued by the defendant, for breach of contract, unjust enrichment and tortuous interference with contract. The [...]

Securities: Operating Local 649 v. Smith Barney Fund Management LLC 

By Daily Record Staff
POSTED: February 17, 2010
Tags: Second Circuit, securities, Smith Barney, U.S. Court of Appeals

U.S. Court of Appeals, Second Circuit
Securities
Operating Local 649 v. Smith Barney Fund Management LLC
07-5125-cv
Appealed from the Southern District of New York
Background: Plaintiff-appellant Operating Local 649 Annuity Trust Fund appeals from a district court judgment that dismissed claims alleging securities fraud in violation of §10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, and [...]