Respondent Securities Investor Protection Corporation (SIPC) alleges that petitioner Robert G. Holmes, Jr., conspired in a stock-manipulation scheme that disabled two broker-dealers from meeting obligations to customers, thus triggering SIPC's statutory duty to advance funds to reimburse the customers. The issue is whether SIPC can recover from Holmes under the Racketeer...
HOLMES v. SECURITIES INVESTOR PROTECTION CORPORATION
503 U.S. 258 (1992)
HOLMES v. SECURITIES INVESTOR PROTECTION CORPORATION et al.
United States Supreme Court.https://leagle.com/images/logo.png
Argued November 13, 1991.
Decided March 24, 1992.
Attorney(s) appearing for the Case
Souter, J.,delivered the opinion of the Court, in which Rehnquist, C. J., and Blackmun, Kennedy, and Thomas, JJ., joined, and in all but Part IV of which White, Stevens, and O'Connor, JJ., joined. O'Connor, J., filed an opinion concurring in part and concurring in the judgment, in which White and Stevens, JJ., joined, p. 276. Scalia, J., filed an opinion concurring in the judgment, p. 286.
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