Securities Investor Protection Corp. v. Associated Underwriters, Inc.

How courts have described this case

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

• SIPA does not “guarantee that customers will recover their investments which may have diminished as a result of, among other things, market fluctuations or broker-dealer fraud”
• claimant entitled only to return of worthless securities issued and held by the debtor
• claimant entitled only to return of worthless securities issued and held by the debtor

Source: CourtListener parenthetical corpus (CC0).