Monsen v. Consolidated Dressed Beef Company, Inc.

How courts have described this case

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

• defining elements in aiding and abetting claims arising under federal securities law
• “mere knowledge of a violation alone, without assistance or a duty to disclose the violation, is not an actionable wrong”
• “mere knowledge of a violation alone, without assistance or a duty to disclose the violation, is not an actionable wrong”
• “mere knowledge of a [securities law] violation alone, without assistance or a duty to disclose the violation, is not an actionable wrong”
• “Knowledge of the underlying violation is a critical element in proof of aiding-abetting liability, for without this requirement financial institutions, brokerage houses, and other such organizations would be virtual insurers of their customers against security law violators.”

Source: CourtListener parenthetical corpus (CC0).