676 F. Supp. 481 - Lester v. Basner’s Empirical Analysis
1987
Citation profile
6 federal appellate · 6 district · 1 state decisions
How this case has been cited
Cited by 29 later decisions — most recently May 2007 · most notably McCarthy v. Azure (1994), Bridas S.A.P.I.C. v. Government of Turkmenistan (2003)
6 federal appellate · 6 district · 1 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on United Steelworkers v. Warrior & Gulf Navigation Co. · Shearson/American Express Inc. v. McMahon · Port Chester Electrical Construction Corp. v. Atlas · Rush III v. Oppenheimer & Co · McAllister Brothers Inc v. A & S Transportation Co
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 29 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“relieve brokerage firms, such as [PFG] of the huge costs associated with ‘back-office’ operations ... The brokerage firm typically is known as the 'introducing firm,’ and the clearing firm handles the 'mechanical, record-keeping functions related to the clearance and settlement of various transactions' in the accounts of the introducing firm’s customers.”
2 later decisions quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.