NEW YORK STOCK EXCHANGE, INC. v. SLOAN

No. 71 Civ. 2912.

394 F.Supp. 1303 (1975)

NEW YORK STOCK EXCHANGE, INC., et al., Plaintiffs, v. Fergus M. SLOAN, Jr., et al., Defendants.

United States District Court, S. D. New York.

May 2, 1975.


Attorney(s) appearing for the Case

Milbank, Tweed, Hadley & McCloy, New York City, for plaintiffs.

Morrison, Paul, Stillman & Beiley, New York City, for defendant J. Antonio Zalduondo.

Olwine, Connelly, Chase, O'Donnell & Weyher, New York City, for defendant Fergus M. Sloan, Jr.

Robinson, Silverman, Pearce, Aronsohn, Sand & Berman, New York City, for defendants Alfred E. Frisbie, Charles R. Grandy, Ralph A. Musil, Otto J. Sell, John W. Thomas.

Sidney Kramer, New York City, for defendant Donald L. Kamensky.

Whitman & Ransom, New York City, for defendant Peter J. Wiley.

Fuller, Lawton & Moyles, P. C., New York City, for defendant Richard Forbes.

Hawkins, Delafield & Wood, New York City, for defendants Paul B. Haggarty, Victor J. Tournet, George C. Vrattos.

Robert H. Kreutzer, New York City, for defendant William F. Wiese.

Spengler, Carlson, Gubar & Churchill, New York City, for defendant Rita Anderson.

Balterman & Geist, New York City, for defendant Marcel Clamons.

Butowsky, Schwenke & Devine, New York City, for defendant Thomas C. Kilduff.

Sidney Eagle, New York City, for defendant Ruth Button.

Flemming & Zulack, New York City, for defendant Frank E. Doggrell, Jr.

Gold, Farrell & Marks, New York City, for defendants R. P. and Eleanor F. Clinton.

Robert S. Groban, New York City, for defendant August Mezzetta.

Hallisey & Goldberg, New York City, for defendant Carl W. Anderson.

Kraft & Hughes, Newark, N. J., for defendants Donald Eucker and John J. Villani.

Manning, Carey, Redmond & Tully, New York City, for defendant James S. Shields.

Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for defendant Robert Vesco.

David Rubin, New York City, for defendant Herbert R. Johnson.

Sullivan Donovan, Hanrahan, McGovern & Lane, New York City, for defendant Clifford G. Doerle.


MEMORANDUM OPINION

LASKER, District Judge.

This suit raises novel questions as to the scope of liability of the New York Stock Exchange ("Exchange") under § 6 of the Securities Exchange Act of 1934, 15 U.S.C. § 78f. In June 1970, Orvis Brothers & Co., a member firm of the Exchange, commenced liquidation after a period of financial deterioration. The Exchange brings this action to recover some $5,000,000. expended from its Special Trust Fund...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases