Rivers v. Rosenthal & Co.
This text of 686 F.2d 297 (Rivers v. Rosenthal & Co.) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fifth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
ON REMAND FROM THE SUPREME COURT OF THE UNITED STATES
The Supreme Court, -U.S. -, 102 S.Ct. 2228, 72 L.Ed.2d 841, has vacated our judgment (see 634 F.2d 774) and remanded for further consideration in light of Merrill Lynch, Pierce, Fenner & Smith v. Curran, 456 U.S. -, 102 S.Ct. 1825, 72 L.Ed.2d 182 (1982). The Court in that decision held that an implied private right of action does exist under the Commodity Exchange Act.
The district court’s order denying the defendant’s motion to dismiss is therefore affirmed with all costs awarded against Rosenthal & Company.
AFFIRMED.
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686 F.2d 297, Counsel Stack Legal Research, https://law.counselstack.com/opinion/rivers-v-rosenthal-co-ca5-1982.