George Weidner, III v. Commissioner of Social Security

Oral argument

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Source: CourtListener oral-argument corpus (CC0).

How courts have described this case

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

• holding that when a person engages in insider trading, thus not disclosing inside information, to violate § 10(b
• recognizing that while silence in connection with purchase or sale of securities may operate as a fraud actionable under Rule 10b-5(l) and (3
• holding that there can be no liability for fraud under Section 10(b) absent a duty to speak
• holding that one commits securities fraud by failing to disclose material information prior to the consummation of a transaction only when under a duty to disclose
• holding that “[an appellate court] cannot affirm a criminal conviction on the basis of a theory not presented to the ju- ry”
• holding that a fiduciary-like duty applies to corporate insiders based on their “access to inside information intended to be available only for a corporate purpose”

Source: CourtListener parenthetical corpus (CC0).