Calissio Resources Group Inc (CRGP)

[onehundredmph]

The brokers are not immune.

U.S. Supreme Court October 2015

Merrill Lynch, Pierce, Fenner & Smith INC. ET AL v. Manning ET AL

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.supremecourt.gov/opinions/15pdf/14-1132_4g15.pdf&ved=2ahUKEwil9Y2bkZzvAhV-EVkFHWw0Dzw4ChAWMAF6BAgHEAI&usg=AOvVaw2LpTnxdotO3z5LYBHmbYxx

http://www.brokeandbroker.com/3128/supreme-court-manning-merrill-/


https://www.bloomberg.com/opinion/articles/2015-12-01/naked-shorts-at-the-supreme-court

Given our resolution of this claim, we need not address whether DTC “due bills” are intangible property which may be the subject of an action for conversion under Nebraska law. The parties have not briefed this issue, and its answer is far from self-evident. See D. Dobbs, The Law of Torts § 63 (2001). Nor need we decide whether the Broker Defendants are entitled to immunity from conversion liability under sections 8-115 and 8-502 of the Nebraska Uniform Commercial Code. “This case can be decided on conversion without addressing any other provisions of the code.” PWA Farms, Inc. v. N. Platte State Bank, 220 Neb. 516, 371 N.W.2d 102, 105 (1985); see Mandolfo v. Mandolfo, 281 Neb. 443, 796 N.W.2d 603, 609 (2011).

$CRGP