NEW YORK STOCK EXCH., INC. v. GOODBODY & CO.


42 A.D.2d 556 (1973)

New York Stock Exchange, Inc., Appellant, v. Goodbody & Co. et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

June 28, 1973


The affirmative defenses and counterclaims set forth fit into two general categories. One group of defenses alleges violation of Federal antitrust laws and the second group of affirmative defenses and counterclaims allege violation of the Securities and Exchange Act of 1934. A violation of Federal antitrust laws may be asserted as a defense in a State action where the plaintiff, in order to prove a prima facie case, must also inevitably prove an illegal act (Continental...

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