FIRST EQUITY CORP. OF FLORIDA v. STANDARD & POOR'S CORP.

No. 598, Docket 88-7788.

869 F.2d 175 (1989)

FIRST EQUITY CORPORATION OF FLORIDA, Robert Cornfeld and Floyd Watkins, Plaintiffs-Appellants, v. STANDARD & POOR'S CORPORATION, Defendant-Appellee.

United States Court of Appeals, Second Circuit.

Decided March 2, 1989.


Attorney(s) appearing for the Case

Eric Seiler, New York City (Andrew W. Goldwater, Andrea B. Bierstein, Friedman & Kaplan, New York City, of counsel), for plaintiffs-appellants.

Floyd Abrams, New York City (Steven Lieberman, Cahill Gordon & Reindel, New York City, of counsel), for defendant-appellee.

Before KEARSE, CARDAMONE and WINTER, Circuit Judges.


WINTER, Circuit Judge:

This case involves the scope of liability for negligent misstatements in the specialized sub-industry that publishes newsletters and provides information services for the use of investors and investment professionals. In particular, it concerns an allegedly misleading summary of the terms of certain convertible securities reported in Corporation Records, a guide published by Standard & Poor's, Inc. ("S & P"). Appellants, two Florida...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases