· 6/15/2005
Federal Case
Citations
- 412 F.3d 103
- 2005 U.S. App. LEXIS 11250
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that because a securities dealer “disclosed its fees, it cannot be said to have defrauded [plaintiff] simply because the fees were allegedly excessive.”
- affirming dismissal of omissions as immaterial because prior company disclosures contained the precise information alleged to have been withheld
- affirming dismissal when only \a superficial or careless reading of these documents\ would have misled investors
- “[A]n investor may not justifiably rely on a misrepresentation if, through minimal diligence, the investor should have discovered the truth.”
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.