Curtis v. Buzard

Citations

• 254 Pa. 61
• 98 A. 777
• 1916 Pa. LEXIS 683

Syllabus

<p>False representations — Sales of stock — Measure of damages— Nonsuit.</p> <p>1. The measure of damages in an action for deceit in the sale of stock is the difference between what the plaintiff was induced to pay for the stock and the actual value of it at the time of the purchase. ■</p> <p>2. In an action to recover damages alleged to have resulted to plaintiff through false representations by the defendant to the effect that certain stock sold by him to the plaintiff had been bought by defendant at a certain price per share, where in fact he had paid nothing for it, a nonsuit was properly entered where it did not appear that the stock was worth less than the amount plaintiff had paid for it.</p>