Piper v. Childs
Massachusetts Supreme Judicial Court
1Opinion of the CourtLummtjs, J.
These are two actions of tort for deceit. The defendants were officers and substantial stockholders of a corporation named Childs, Jeffries & Company, Inc., which was in business as a broker and investment banker. The plaintiff, in January, 1929, having been employed for about a year as sales manager for the corporation, bought thirty-six shares of its stock at $550 a share. The defendants represented to him that its liquidating value was $551.55 a share. He did not see the books, and the defendants by their conduct discouraged him from asking to see them. The judge, sitting without a jury,…
2Cases cited51 opinions
- United States v. California Coöperative CanneriesSupreme Court of the United States · 1929
- Credits Commutation Co. v. United StatesSupreme Court of the United States · 1900
- Cutter v. HamlenMassachusetts Supreme Judicial Court · 1888
- United Zinc Companies v. HarwoodMassachusetts Supreme Judicial Court · 1914
- Fulton National Bank of Atlanta v. HozierSupreme Court of the United States · 1925
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3Cited by61 opinions
- Twin Fires Investment, LLC v. Morgan Stanley Dean Witter & Co.Massachusetts Supreme Judicial Court · 2005
- National Shawmut Bank v. JohnsonMassachusetts Supreme Judicial Court · 1945
- Rice v. PriceMassachusetts Supreme Judicial Court · 1960
- Graustein v. H. P. Hood & Sons, Inc.Massachusetts Supreme Judicial Court · 1936
- Kraft Power Corp. v. MerrillMassachusetts Supreme Judicial Court · 2013
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