Search for: "Holding v. State" Results 1421 - 1440 of 63,282
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6 Jan 2009, 6:31 am
Although bogus account statements generated to lull defrauded investors are not in and of themselves sufficient to establish a securities fraud violation, because they are not statements made "in connection with the purchase or sale of any security," they are relevant evidence of the defendant's intent to defraud and the extent of the scheme employed, the Second Circuit held yesterday in a short decision in United States v. [read post]
7 Mar 2013, 9:45 am
Feb. 27, 2013), the United States Supreme Court affirmed the decision of the United States Court of Appeals for the Ninth Circuit holding that a securities fraud plaintiff need not prove that the alleged false statements made by defendants were material in order to invoke the fraud-on-the-market presumption of reliance established by Basic, Inc. v. [read post]