Department of Economic Development v. Arthur Andersen & Co. (U.S.A.)

How courts have described this case

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

• controlling question of law may exist if “the certified issue has precedential value for a large number of cases”
• the possibility of rescission, a latent remedy in any contract, does not determine when the purchase or sale of the security occurred
• connection element requires that securities transaction “ ‘was an integral or helpful component of the fraudulent scheme.’ ”

Source: CourtListener parenthetical corpus (CC0).