ATR Wire & Cable Co. v. National Labor Relations Board

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• \broad solicitation of members of the general public\ and \sale to them of units of a larger offering are the hallmarks of an investment transaction\
• “broad solici tation of members of the general public” and “sale to them of units of a larger offering are the hallmarks of an investment transaction”
• “if a bank or other commercial lender makes a loan to finance business transactions and takes a note in return, the parties could not be said to have participated in a securities transaction.”
• profits include a residual claim on an entity’s assets and earnings
• notes sold to passive investors held to be securities
• notes sold to passive investors held to be securities

Source: CourtListener parenthetical corpus (CC0).