The following excerpt is from Greitzer v. United States National Bank, 326 F. Supp. 762 (S.D. Cal. 1971):
There was considerable discussion by counsel as to whether punitive damages are allowed under the Acts and whether this is helpful as to the question of damages for emotional distress. In Globus v. Law Research Service, Inc., 418 F.2d 1276, 1284 (2d Cir., 1969), the court
[326 F. Supp. 764]
said in reference to 17(a) of the 1933 Act:[326 F. Supp. 764]
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