Ryder International Corporation, a Corporation v. First American National Bank

How courts have described this case

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

• using Pinter 's statutory seller test to interpret both Section 12(2) of the 1933 Act and Section 8-6-19 of the Alabama Securities Act
• explaining scope of “seller” liability under Section 12(1) before and after Pinter
• under Pinter, bank that acted as -2- buyer’s agent in purchasing securities could not be liable as offeror or seller under Securities Act of 1933
• “the Pinter Court concluded that participants in the transfer of securities who “solicit” a purchase may also be hable as “sellers” under section 12(1) of the 1933 Act — even though they do not own the securities”

Source: CourtListener parenthetical corpus (CC0).