· 6/24/2003
Wortley v. Camplin
Citations
- 333 F.3d 284
- 50 U.C.C. Rep. Serv. 2d (West) 1178
- 2003 U.S. App. LEXIS 12752
- 2003 WL 21448802
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- finding that a jury could reasonably conclude that a contractual promise was fraudulently made where the promisor never intended to keep the promise and the promisee had made it clear to the promisor that such a promise was indispensable to the agreement
- “Maine law does not impose a duty of good faith and fair dealing except in circumstances governed by specific provisions of the U.C.C.”
- \Proximate causation and intervening cause are usually issues for the jury to resolve.\
- \Proximate causation and intervening cause are usually issues for the jury to resolve.\
- “When the defendant makes a specific promise, as part of the consideration for the transfer of securities, to perform an act, while intending not to perform the act, this may constitute a basis for a fraud finding.”
- “When there has ben a violation of Section 10-b, the ordinary measure of damages is for a defrauded seller to recover the difference between what the seller received for the shares and the fair market value of the shares at the time of the sale”
Source: CourtListener parenthetical corpus (CC0).
Judges: Lynch, Campbell, Porfilio
Read full opinion on CourtListenerSourced 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.