Fed. Sec. L. Rep. P 96,011 Howard C. Hirsch v. Edmond Du Pont, and Haskins & Sells and New York Stock Exchange, Inc.

How courts have described this case

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

• “knowing assistance of or participation in a fraudulent scheme gives rise to liability under § 10(b) as an aider and abettor . . . knowledge of the fraud ... is indispensable”
• specifically leaving open issue whether mere inaction, in the absence of a duty of disclosure, can give rise to aiding and abetting liability
• specifically leaving open issue whether mere inaction, in the absence of a duty of disclosure, can give rise to aiding and abetting liability
• plaintiff must demonstrate due diligence in discovering material information

Source: CourtListener parenthetical corpus (CC0).