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Fifth Circuit· 10/31/2005

United States v. Olis

Citations

  • 429 F.3d 540
  • 2005 WL 2842077

How courts have described this case

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

  • noting that “methods adopted in [criminal] cases are necessarily less exact than the measure of damage applicable in civil securities litigation”
  • explaining that numerous factors, not just defendant’s fraud, contributed to stock price decline
  • stating that “there is no loss attributable to a misrepresentation unless and until the truth is subsequently revealed and the price of the stock accordingly declines”
  • holding joint application of § 3B1.3 and § 2B1.1(b)(8)(C) (pre-2004 sophisticated-means section) “not proscribe[d]”
  • collecting cases using different loss calculation methodologies in light of different types of securities fraud
  • using “civil damage measure” as “the backdrop for criminal responsibility” in calculating the loss resulting from a securities fraud

Source: CourtListener parenthetical corpus (CC0).

Judges: Garwood, Jones, Stewart

Read full opinion on CourtListener

Cited by

49 cases in this archive cite this case; the 20 most cited are listed.

Cites

25 cases in this archive are cited by this case; the 20 most cited are listed.

Other cases named United States v. Olis

2 other CourtListener records share this case name.

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.