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· 6/23/1975

Blue Sky L. Rep. P 71,223, Fed. Sec. L. Rep. P 95,220 Berry Petroleum Company, an Arkansas Corp. (Dissolved) v. Adams & Peck

Citations

  • 518 F.2d 402

How courts have described this case

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

  • “[T]he broad remedial policies of the federal securities laws are best served by a longer, not a shorter, statute of limitations.”
  • plaintiffs should have discovered fraud in view of suspension of trading in defendant’s stock and the filing of lawsuits against defendant by S.E.C. and private parties
  • plaintiff should have discovered fraud in light of stock’s precipitous decline and other lawsuits
  • stock value declined to approximately one-half of purchase price
  • trading suspensions, precipitous decline in stock price, other lawsuits

Source: CourtListener parenthetical corpus (CC0).

Judges: Lumbard, Hays, Mulligan

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.