Fed. Sec. L. Rep. P 99,414 John E. Thompson v. Smith Barney, Harris Upham & Co., Incorporated

How courts have described this case

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

• “‘[D]ue diligence’ [is] a separate element in 10b-5 cases, apart from questions of materiality, reliance, or defendants’ duties.”
• no merit to “contention that there is a private cause of action under the federal securities laws for violation of both the New York Stock Exchange ‘know your customer’ rule and the National Association of Securities Dealers’ ‘suitability’ rule”

Source: CourtListener parenthetical corpus (CC0).