J. Donald GOODWIN, Appellant, v. ELKINS & CO., Robert G. Hayden, Richard Sichenzio, and Gabriel F. Nagy, Appellees

U.S. Court of Appeals, Third Circuit · Decided 1984-03-14

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OPINION ANNOUNCING THE JUDGMENT OF THE COURT GARTH, Circuit Judge. In this case, we are asked to give further definition to what constitutes a security within the meaning of federal securities law. Goodwin asserts that his partnership contract in a brokerage firm is a security interest, enabling him to invoke the provisions of the Securities Exchange A.ct in…

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