Ilo Vanderboom, Investors Thrift Corporation v. Sam Sexton, Jr.

How courts have described this case

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

• determining that individual stockholders lacked standing to file suit on corporation’s behalf
• Where purchase option exercised in November, 1965 to January, 1966, events in December could not be the basis of a securities fraud claim on theory that purchase had not been completed until January.

Source: CourtListener parenthetical corpus (CC0).