Fed. Sec. L. Rep. P 97,372 Henry T. Sanders v. John Nuveen & Co., Inc., Investors Diversified Services, Inc. And Investors Syndicate of America, Inc.

How courts have described this case

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

• “[T]he ‘by means of’ language in the statute requires some causal connection ….”
• “Section 12(2) does not establish a graduated scale of duty depending upon the sophistication and access to information of the customer. A plaintiff under § 12(2) is not required to prove due dili- gence. All that is required is ignorance of the untruth or omis- sion.”

Source: CourtListener parenthetical corpus (CC0).