Fed. Sec. L. Rep. P 95,347 Henry T. Sanders v. John Nuveen & Co., Inc.

How courts have described this case

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

• applying Rule 10b-5 to an underwriter alleged to have violated its duty to reasonably investigate the securities it marketed and their issuer
• applying Rule 10b-5 to an underwriter alleged to have violated its duty to reasonably investigate the securities it marketed and their issuer
• acknowledging reasonable indication approach, but ruling district court did not abuse its discretion in finding class member did not opt out of class where “no communication was actually received by the court until after the adjudication on the merits”
• “unless the plaintiff is paid interest for the entire time that he is deprived of the use of his money, he will not receive full compensation”
• “Although the underwriter cannot be a guarantor of the soundness of any issue, he may not give it his implied stamp of approval without having a reasonable basis for concluding that the issue is sound.”

Source: CourtListener parenthetical corpus (CC0).