· 2/22/1972
Utica Square National Bank of Tulsa v. Woodson
Citations
- 405 U.S. 918
- 92 S. Ct. 943
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that “damages may be measured in several ways”
- requiring a plaintiff claiming fraud under Pennsylvania law to show justifiable reliance and damages
- \[D]amages are most commonly calculated as the difference between the price paid for a security and the security's `true value.' \
- an unregistered stock's lack of transferability \will have an impact on its value\
- invoked supervisory power to require district courts, when granting motion for directed verdict, to set forth explanation sufficient to permit this Court to understand legal premise upon which decision was based
- \The proper measure of damages to reflect the loss proximately caused by the defendants' deceit is the out- of-pocket rule. That rule is the traditional measure of damages in a Rule 10b-5 action.\
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.