From our private database of 37,200+ case briefs...
SEC v. Zandford
United States Supreme Court
535 U.S. 813 (2002)
William Wood, an elderly man with a disabled daughter, hired Zandford (defendant) to manage his investments so that his daughter would be taken care of after his passing. Unfortunately, prior to his passing, all of Wood’s savings were gone. The Securities and Exchange Commission (SEC) (plaintiff) brought suit against Zandford, alleging that he committed securities fraud by taking Wood’s savings and investing it for himself. Zandford alleged that his actions did not constitute securities fraud, as the taking of the funds was not connected to securities. The district court ruled in favor of the SEC. Zandford then appealed, with the court of appeals ruling in his favor. The SEC petitioned for certiorari to the United States Supreme Court.
Rule of Law
Holding and Reasoning (Stevens, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 630,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.Unlock this case briefRead our student testimonials
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.Learn about our approachRead more about Quimbee
Here's why 630,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 37,200 briefs, keyed to 984 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.