Verdiner v. Scottrade, Inc.

277 F. App'x 751
Court of Appeals for the Ninth Circuit·Decided May 12, 2008·No. No. 06-56655·Published

Opinion

[752] MEMORANDUM***

The facts of this case are known to the parties.

In accordance with SEC v. Zandford, 535 U.S. 813,122 S.Ct. 1899, 153 L.Ed.2d 1 (2002), and Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Dabit, 547 U.S. 71, 126 S.Ct. 1503, 164 L.Ed.2d 179 (2006), as well as this Court’s recent ruling in U.S. Mortgage, Inc. v. Saxton, 494 F.3d 833 (9th Cir.2007), we conclude the commissions charged by Scottrade, which necessarily “coincided” with the purchase and sale of securities, fall squarely within the range that the Securities Litigation Uniform Standards Act was intended to cover.

AFFIRMED.

Footnotes

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Verdiner v. Scottrade, Inc., 277 F. App'x 751 (9th Cir. 2008).

277 F. App'x 751 (Verdiner v. Scottrade, Inc.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Securities & Exchange Commission v. Zandford
535 U.S. 813 (Supreme Court, 2002)
U.S. Mortgage, Inc. v. Saxton
494 F.3d 833 (Ninth Circuit, 2007)