(Download) "Northwest Paper Corporation v. Darrow" by United States Court of Appeals for the Ninth Circuit * eBook PDF Kindle ePub Free

April 29, 2021

eBook details

Title: Northwest Paper Corporation v. Darrow
Author : United States Court of Appeals for the Ninth Circuit
Release Date : January 22, 1969
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 60 KB

Description

Northwest Paper Corporation brought suit alleging that it had suffered damages when appellees induced it to sell shares of the stock of Thompson Industries, Inc. to appellees by means and under circumstances that violate the Securities Exchange Act of 1934, 15 U.S.C. 78j, and Rule 10b-5 promulgated under that Act, 17 C.F.R.240 (Cum.Supp.). Appellant claims that appellees made certain critical statements upon which appellant's officers relied in reaching a decision to sell the stock; that such statements were made without revealing additional facts which were necessary in order to place the statements in proper context. The District Court rendered summary judgment for appellees. The appeal presents the question whether this constituted error for the reason that disputes of fact remained for trial.

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