First Commodity Corp. Of Boston and Richard Badoian v. Commodity Futures Trading Commission, and John Ruddy

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that, where Montana law deemed governmental 7 entities indispensable parties in a state tort claim against a county employee, the federal 8 court had no supplemental jurisdiction over the state tort claim if it had no jurisdiction over 9 the indispensable party
• noting that section 6o is an “antifraud provision that does not depend on scienter”
• treating physician opinion entitled to no more weight than a consulting physician if the disability assessment is conclusory
• pointing out that reckless behavior is sufficient to incur liability under SEC Rule 10b-5
• Commodity Exchange Act, 7 U.S.C. §§ 1-24, allows the Commission to predicate liability upon state of mind amounting to recklessness
• standard of “willfulness” includes careless disregard

Source: CourtListener parenthetical corpus (CC0).