Helen C. Carras and Bill G. Carras, Co-Executors of the Estate of Gus N. Carras, Deceased v. James S. Burns, Jr.

U.S. Court of Appeals, Fourth Circuit · Decided 1975-05-06

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BUTZNER, Circuit Judge: Bill and Helen Carras, executors of their father’s estate, appeal from a judgment in their favor for $56,000 in a suit they brought against Merrill Lynch, Pierce, Fenner Smith and two of its employees to recover compensatory and punitive damages for losses to a margined securities account. Their claim has five elements: (1) violation of § 10(b) of t…

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