Bogle v. Bragg

How courts have described this case

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

• fraud claim by shareholder based on representations made to him may be brought individually; however, claim that corporate directors mismanaged company must he brought as shareholder derivative action
• suppression of material fact is fraud if there is a duty to disclose arising from a fiduciary relationship
• a duty to disclose may rise from “the particular circumstances of the case”
• in light of the investor’s knowledge about the operational history of the company, he did not show that he justifiably relied upon alleged misrepresentations in connection with his purchase of the company’s stock
• relationship of plaintiff to defendant showed no disclosure obligation
• no evidence defendants combined to commit tort

Source: CourtListener parenthetical corpus (CC0).