Foelker v. Kwake

How courts have described this case

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

• defendant officer liable despite lack of personal participation in seller’s business activities
• personal participation not necessary to impose liability on officer of corporation
• “Oregon Securities Law is to be liberally construed so as to afford the ‘greatest possible protection’ to the public and our previous decisions have expressly avoided ‘hard and fast’ rules in determining what financial transactions constitute a ‘security’ * * *.”

Source: CourtListener parenthetical corpus (CC0).