The current study findings refute the recent claim that marginality theory lacks construct validity. Cultural marginalization is significantly related to depressive symptoms in Korean American, Chinese American, and Japanese American parents and adolescents living in the United States. Correlational analyses indicate that adolescents' depressive symptoms are significantly related to Asian and Asian American marginality scores, whereas mothers' and fathers' depressive symptoms are significantly related to their levels of Anglo and Asian American marginality. In a structural equation model, adolescents' Asian American marginalization and fathers' Anglo marginalization are significantly related to adolescents' depressive symptoms. It appears that marginality is a significant factor in the depressive symptoms of mothers, fathers, and adolescents. Furthermore, marginality scores of fathers and adolescents are both significant factors in adolescents' depressive symptoms. (Contains 1 table, 2 figures, and 3 footnotes.)