In Re Diasonics Securities Litigation

How courts have described this case

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

• holding that testimony about discriminatory remarks is “not hearsay because it is offered for the fact that the comments were made—not to prove the truth of their content”
• finding aiding and abetting liability “would eviscerate the ‘substantial participation’ theory” set forth in Admiralty Fund
• dismissing claims against corporation, officers and directors, and underwriters, where plaintiffs had not alleged that they were in strict privity with any defendant
• finding that California Securities Act requires privity
• finding that California Securities Act requires privity

Source: CourtListener parenthetical corpus (CC0).