Skip to main content
· 9/5/2003

Javitch v. First Montauk Financial Corp.

Citations

  • 279 F. Supp. 2d 931
  • 2003 U.S. Dist. LEXIS 15382
  • 2003 WL 22061039

How courts have described this case

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

  • denying summary judgment on the basis that determining whether defendant had aided and abetted fraud involved questions of fact
  • denying summary judgment on the basis that determining whether defendant had aided and abetted fraud involved questions of fact
  • denying motion to dismiss claims that brokerage firm had negligently supervised its broker
  • NASD rules are evidence of the reasonable standard of care in the securities industry
  • Ohio courts appear to follow the majority view which holds that blanket fiduciary relationship between the client and broker does not arise as a matter of law, but additional facts must be proven to create a fiduciary duty.

Source: CourtListener parenthetical corpus (CC0).

Judges: Katz

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.