Fed. Sec. L. Rep. P 99,266 Irving Reiss v. Pan American World Airways, Inc.

How courts have described this case

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

• \conscious failure to disclose\ not sufficient, \there must be proof that the non-disclosure was intended to mislead.\
• “Such negotiations are inherently fluid and the eventual outcome is shrouded in uncertainty. Disclosure may in fact be more misleading than secrecy so far as investment decisions are concerned.”

Source: CourtListener parenthetical corpus (CC0).