Morris v. International Yogurt Co.

How courts have described this case

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

• relying on a number of circuit court and Supreme Court securities decisions
• “Slavish obedience to the pretrial order is not required. It may be modified or abandoned as the interests of justice require.”
• in a face-to-face securities transaction between a seller and purchaser where the defendant purchaser omitted to state material facts, the plaintiff's reliance can be presumed from the materiality of the omissions
• in an action alleging the omission of a material fact, proof of nondisclosure of a material fact establishes a presumption of reliance that the defendant may rebut by proving that the plaintiff would have made the same decision if the fact had been disclosed

Source: CourtListener parenthetical corpus (CC0).