· 10/12/1953
Tobin v. Little Rock Packing Co.
Citations
- 346 U.S. 832
- 74 S. Ct. 26
- 98 L. Ed. 355
- 1953 U.S. LEXIS 1823
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- soft information such as asset appraisals and projections must be disclosed only if reported values are virtually as certain as hard facts
- “If a target chooses to disclose projections and appraisals which do not rise to this level of certainty, then it must also inform the shareholders as to the basis for and limitations on the projected realizable values.”
Source: CourtListener parenthetical corpus (CC0).
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.