Weiner v. Quaker Oats 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 a public statement curing the misleading effect of a prior misrepresentation renders the prior misrepresentation immaterial
• holding that a public statement curing the misleading effect of a prior misrepresentation renders the prior misrepresentation immaterial
• setting forth reliance as an element of a private right of action under S 10(b) and Rule 10-5
• setting forth reliance as an element of a private right of action under S 10(b) and Rule 10-5
• there is a duty to correct true statements when they would be misleading if left unrevised
• “[TJhere can be no doubt that a duty exists to correct prior statements, if the prior statements were true when made but misleading if left unrevised.”

Source: CourtListener parenthetical corpus (CC0).