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Supreme Court· 3/4/1968

Joslyn v. Joslyn

Citations

  • 390 U.S. 951
  • 19 L. Ed. 2d 1143

How courts have described this case

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

  • allowing recovery of unrealized profits “where the jury finds that with full disclosure [the plaintiff] would have retained [the stock] until the higher price gained by the wrongdoer was reached.”
  • the liability of controlling persons “is governed neither by principles of agency nor conspiracy.” Id. at 738
  • “[T]here is no duty to disclose information to one who reasonably should already be aware of it.”
  • jury instructed to consider before determining damages whether upon full disclosure plaintiffs would have still sold but at a higher price or would have retained stock
  • Section 20(a) requires “only some indirect means of discipline or influence short of actual direction to hold a ‘controlling person’ liable,” meaning that “ ‘control’ under the Act does not require knowledge of the specific wrongdoing”
  • respondeat superior available in Third Circuit under facts of case

Source: CourtListener parenthetical corpus (CC0).

Read full opinion on CourtListener

Cited by

241 cases in this archive cite this case; the 20 most cited are listed.

Other cases named Joslyn v. Joslyn

5 other CourtListener records share this case name.

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.