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· 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).

Read full opinion on CourtListener

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.