Skip to content
Back to judgment

Citation network

Holmes Vs. Securities Investor Protection Corporation

Cites for this judgment

  • US Supreme Court
  • Nov 13, 1991

Citation network · 7-day free trial

Brief every cited case in minutes

Open an 18-section AI Brief on any citation below, ask scoped follow-ups, and find related precedents with Semantic Search. Full trial - no card required.

  • 18-section brief - facts, issues, ratio, relief
  • Ask this case - answers cite the judgment
  • Semantic search - find precedents by meaning
  • Research drawer - sections, cites, related cases

No card required · credentials emailed · Log in if you already have an account

71 entries 1 linked 70 unlinked
Show
  1. Blue Shield of Virginia Vs. Mccready US Supreme Court · Jun 21, 1982
  2. Holmes v. Securities
    Search
  3. Investor Protection Corporation - 503 U.S. 258 (1991) OCTOBER TERM, 1991 Syllabus HOLMES v. SECURITIES
    Search
  4. of the Sherman Act, see Associated General Contractors of Cal., Inc. v. Carpenters
    Search
  5. have been resolved on proximate-causation grounds, and that none involved litigants like those in Blue Chip Stamps v. Manor
    Search
  6. App. to Pet. for Cert. 45a,5 and that neither 4 See generally Securities Investor Protection Corporation v. Vigman
    Search
  7. Securities Investor Protection Corporation v. Vigman
    Search
  8. called Birnbaum test, which requires a plaintiff to be a purchaser or seller of a security. See Blue Chip Stamps v. Manor
    Search
  9. Birnbaum v. Newport
    Search
  10. reversed and remanded after rejecting both of the District Court's grounds. Securities Investor Protection Corporation v. Vigman
    Search
  11. b) and Rule 10b-5, see Blue Chip Stamps v. Manor
    Search
  12. cause of plaintiff's injury. Cf. Associated General Contractors of Cal., Inc. v. Carpenters
    Search
  13. p. 264 (5th ed. 1984) (quoting North v. Johnson
    Search
  14. of Appeals have overwhelmingly held that not mere factual, but proximate, causation is required. See, e. g., Pelletier v. Zweifel
    Search
  15. Ocean Energy II, Inc. v. Alexander
    Search
  16. Brandenburg v. Seidel
    Search
  17. Sperber v. Boesky
    Search
  18. Haroco, Inc. v. American
    Search
  19. Indeed, the court below recognized a proximate-cause requirement. See Securities Investor Protection Corporation v. Vigman
    Search
  20. key to the better interpretation lies in some statutory history. We have repeatedly observed, see Agency Holding Corp. v. Malley-Duff
    Search
  21. American Express Inc. v. McMahon
    Search
  22. Sedima, S. P. R. L. v. Imrex
    Search
  23. to incorporate common-law principles of proximate causation, 459 U. S., at 533-534, and n. 29 (citing Loeb v. Eastman
    Search
  24. Ames v. American
    Search
  25. See Cannon v. University
    Search
  26. it intended them to have the same meaning that courts had already given them. See, e. g., Oscar Mayer & Co. v. Evans
    Search
  27. Northcross v. Memphis
    Search
  28. Hawaii v. Standard
    Search
  29. as a component of the proximate-cause enquiry. See Associated General Contractors of Cal., Inc. v. Carpenters
    Search
  30. has no analogue in the RICO setting. See Sedima, S. P. R. L. v. Imrex
    Search
  31. to RICO, which we rejected in Sedima, supra, at 495-497. See Brandenburg V. Seidel
    Search
  32. see generally Mishkin v. Peat
    Search
  33. is support for the proposition that SIPC can assert statelaw subrogation rights against third parties. See Redington v. Touche
    Search
  34. securities themselves were victims of Holmes' fraud. See Brief for Respondent 39, n. 185 (citing Ashland Oil, Inc. v. Arnett
    Search
  35. Bankers Trust Co. v. Rhoades
    Search
  36. ed., Supp. I), the broker-dealers' customers might be proximately injured by these offenses. See, e. g., Taffet v. Southern
    Search
  37. County of Suffolk v. Long
    Search
  38. priority its claim would have in the directly injured victim's liquidation proceedings. See Mid-State Fertilizer Co. v. Exchange
    Search
  39. Warner v. Alexander
    Search
  40. Grant & Co., 828 F.2d 1528 , 1530 (CAll 1987) (same), with International Data Bank, Ltd. v. Zepkin
    Search
  41. Brannan v. Eisenstein
    Search
  42. have been resolved on proximatecausation grounds, and that none involved litigants like those in Blue Chip Stamps v. Manor
    Search
  43. b) and Rule 10b-5 created an implied right of action. Superintendent of Ins. of N. Y. v. Bankers
    Search
  44. Life & Casualty Co., 404 U. S. 6 , 13, n. 9. Four years later, in Blue Chip Stamps v. Manor
    Search
  45. seller limitation does not apply to suits brought under RICO. Securities Investment Protection Corp. v. Vigman
    Search
  46. F.2d 1461 (CA9 1990). An ex- IThat acceptance was not universal. E. g., Eason v. General
    Search
  47. seller standing requirement. The statute sweeps 2 Compare Securities Investment Protection Corp. v. Vigman
    Search
  48. Syllabus Holmes V. Securities
    Search
  49. Associated General Contractors of Cal., Inc. v. Carpenters
    Search
  50. Blue Chip Stamps v. Manor
    Search

AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial