Skip to main content
· 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 CourtListener

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.