· 5/27/1987
Hannah Finkel v. Docutel/olivetti Corporation
Citations
- 817 F.2d 356
- 55 U.S.L.W. 2692
- 1987 U.S. App. LEXIS 6731
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that the fraud on the market presumption \constructs an environment which is hospitable to the reliance presumption of Affiliated Ute” and that the two presumptions \interact”
- “A court must, therefore, analytically characterize a 10b-5 action as either primarily a nondisclosure case (which would make the presumption applicable), or a positive misrepresentation case.”
- “the Affiliated Ute presumption and the ‘fraud on the market’ theory ... interact.”
- “Cases involving primarily a failure to disclose implicate the first and third subsections of Rule 10b — 5; cases involving primarily a misstatement or a failure to state a fact necessary to make the statements made not misleading implicate the second subsection .... ”
Source: CourtListener parenthetical corpus (CC0).
Judges: Jolly, Davis, Feldman
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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