Securities & Exchange Commission v. Feminella

How courts have described this case

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

• noting proper markups on municipal debt securities \usually are smaller than those on equity securities\
• noting proper markups on municipal debt securities “usually are smaller than those on equity securities”
• “where a defendant ‘exacts unreasonable profits resulting from a price which bears no reasonable relation to the prevailing price’ of the security, the anti-fraud provisions of the Securities Act and the Exchange Act are violated.”
• alleged kickback scheme is in connection with a purchase of securities

Source: CourtListener parenthetical corpus (CC0).