· 12/19/1966
Retail Clerks Union, Local 770 v. National Labor Relations Board
Citations
- 370 F.2d 205
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting underwriters’ “expertise in appraising the securities issue and the issuer” and their “special motive thoroughly to investigate the issuer’s strengths and weaknesses”
- \No greater reliance in our self-regulatory system is placed on any single participant in the issuance of securities than upon the underwriter.\
- “Corporate officers and directors in their relations with shareholders owe a high fiduciary duty of honesty and fair dealing.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Barnes, Koelsch, Thompson
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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