green
Positive treatment
Quoted verbatim 1×
6.2 score
G Cite
cited 2× by 1 distinct case, last quoted 1985 ·
…absent an express . . . contract there is no fiduciary duty unless the customer is infirm or ignorant of business affairs
⚠ not in text
Treatment trajectory · 1972 → 2026 · click a year to view as-of
1972
1999
2026
Top citers, strongest first. 8 distinct citers.
How cited ↗
examined
Cited as authority (quoted)
Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Boeck
(2×)
absent an express . . . contract there is no fiduciary duty unless the customer is infirm or ignorant of business affairs
cited
Cited "see"
Jackson v. Mishkin (In Re Adler, Coleman Clearing Corp.)
See Robinson v. Merrill Lynch, Pierce Fenner & Smith, Inc., 337 F.Supp. 107, 111 (N.D.Ala.1971), aff 'd, 453 F.2d 417 (5th Cir.1972).
discussed
Cited "see"
Arst v. Stifel Nicolaus & Co., Inc.
If a broker’s duty is merely to execute an order, the broker’s duty “would be very narrow — primarily not to make unauthorized trades.” Id. at 824 ; see Limbaugh v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 732 F.2d 859, 862 (11th Cir.1984) (quoting Robinson v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 337 F.Supp. 107, 111 (N.D.Ala.1971) (“The affair entrusted to a broker who is to buy and sell through an exchange is to execute the order, not to discuss its wisdom.”), aff'd, 453 F.2d 417 (5th Cir.1972)).
discussed
Cited "see"
Merrill Lynch, Pierce, Fenner & Smith v. Perelle
(2×)
See Robinson v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 337 F.Supp. 107, 111 (N.D.Ala.1971) aff'd., 453 F.2d 417 (5th Cir.1972).
discussed
Cited "see"
Carl M. Limbaugh v. Merrill Lynch, Pierce, Fenner & Smith, Inc., a Corporation
See Robinson v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 337 F.Supp. 107, 111 (N.D.Ala.1971), aff'd, 453 F.2d 417 (5th Cir.1972) (holding that there was no fiduciary relationship between commodities broker and his customer, and that broker owed no duty to communicate information which would affect customer’s market position): The relationship of agent and principal only existed between plaintiff and defendant when an order to buy or sell was placed, and terminated when the transaction was complete.
discussed
Cited "see"
Schenck v. Bear, Stearns & Co.
People v. Mercer Hicks Corp., 4 Misc.2d 55 , 155 N.Y.S.2d 740, 744 (Sup.Ct.1956), aff’d, 3 A.D.2d 708 , 160 N.Y.S.2d 806 (1st Dept. 1957); see Robinson v. Merrill Lynch, Pierce, Fenner & Smith, *947 Inc., 337 F.Supp. 107, 110-11 (N.D.Ala.1971), aff’d, 453 F.2d 417 (5th Cir. 1972).
discussed
Cited "see, e.g."
Securities Investor Protection Corp. v. Nappy (In Re Nappy)
The affair entrusted to a broker who is to buy or sell through an exchange is to execute the order, not to discuss its wisdom.” Limbaugh v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 732 F.2d 859, 862 (11th Cir.1984); see also Robinson v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 337 F.Supp. 107, 111 (N.D.Ala.1971), aff'd, 453 F.2d 417 (5th Cir.1972).
discussed
Cited "see, e.g."
Puckett v. Rufenacht, Bromagen & Hertz
See, e.g., Robinson v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 337 F. Supp. 107 (N.D.Ala. 1971), aff'd. 453 F.2d 417 (5th Cir.1972), Leib v. Merrill Lynch, Pierce, Fenner & Smith, 461 F. Supp. 951, 952-953 (E.D.Mich. 1978), Shearson Hayden Stone, Inc. v. Leach, 583 F.2d 367 (7th Cir.1978), Caravan Mobile Home Sales v. Lehman Bros.
Retrieving the full opinion text from the archive…
Charles Edward Morgan, Jr.
v.
Clarence Jones, Sheriff
v.
Clarence Jones, Sheriff
71-2753.
Court of Appeals for the Fifth Circuit.
Jan 5, 1972.
Published
Citer courts: Wisconsin Supreme Court (2)
Charles Edward MORGAN, Jr., Petitioner-Appellant,
v.
Clarence JONES, Sheriff, Respondent-Appellee.
No. 71-2753 Summary Calendar.[**]
United States Court of Appeals,
Fifth Circuit.
Jan. 5, 1972.
Charles E. Morgan, Jr., pro se.
Crawford C. Martin, Atty. Gen. of Tex., Austin, Tex., for respondent-appellee.
Before WISDOM, COLEMAN, and SIMPSON, Circuit Judges.
PER CURIAM:
1
The judgment below is affirmed for the reasons stated in the order of the district court. Loren v. Texas, 5 Cir. 1971, 440 F.2d 1182.
**
Rule 18, 5 Cir.; see Isbell Enterprises, Inc. v. Citizens Casualty Co. of New York, 5 Cir., 1970, 431 F.2d 409, Part I