Superintendent of Insurance of New York v. Bankers Life & Casualty Co.

How courts have described this case

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

• holding that allegations of fraud “in connection with” the purchase or sale of securities must be interpreted “flexibly, not technically and restrictively.”
• holding that deceptive practices “touching” upon the sale of securities fulfills the “in connection with” requirement
• recognizing that § 10(b) “must be read flexibly, not technically and restrictively”
• holding that § 10(b) applies to fraud on corporation by controlling stockholder, and that \the fact that creditors of the defrauded” corporation \may be the ultimate victims does not warrant disregard of the corporate entity”
• holding “in connection with” requirement satisfied where injury occurred “as a result of deceptive practices touching [a] sale of securities”
• holding that § 78j “must be read flexibly, not technically and restrictively”

Source: CourtListener parenthetical corpus (CC0).