Fed. Sec. L. Rep. P 95,351 Billie Jean Woodward v. Metro Bank of Dallas

How courts have described this case

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

• “Most problematic in this area is the issue whether, or to what extent, silence and inaction can fulfill the requirement.”
• “if the method or transaction is atypical or lacks business justification, it may be possible to infer the knowledge necessary for aiding and abetting liability.”
• “When it is impossible to find any duty of disclosure, an alleged aider-abettor should be found liable only if scienter of the high ‘conscious intent’ variety can be proved. Where some special duty of disclosure exists, then liability should be possible with a lesser degree of scienter.’’

Source: CourtListener parenthetical corpus (CC0).