· 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 CourtListenerSourced from CourtListener / Free Law Project (CC0).
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