The Independent Order Of Foresters v. Donaldson, Lufkin & Jenrette, Inc.

How courts have described this case

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

• “Under New York law, as generally, there is no general fiduciary duty inherent in an ordinary broker-customer relationship. ... [A general fiduciary] duty can arise only where the customer has delegated discretionary trading authority to the broker”

Source: CourtListener parenthetical corpus (CC0).