Legal Opinion
Fed. Sec. L. Rep. P 98,445 Kenneth N. Nelson v. O. E. Serwold and Helen Serwold, His Wife
Court of Appeals for the Ninth Circuit
Decided September 8, 1982No. 79-4662PublishedCited by 38 opinions
1Opinion of the Court
POOLE, Circuit Judge.
The district court found and another panel of this court affirmed that in 1965 O. E. Serwold had purchased from the Estate of Neis Nelson, the appellant’s father, 36 shares of stock in violation of Section 10(b) of the Securities Exchange Act of 1934. The district court computed damages as the difference between the price paid and the fair market value of the stock within a reasonable time period thereafter. On appeal this court reversed the district court’s limitation of damages to fair market value and instructed that where the purchaser’s gain exceeds the seller’s…
2Cases cited17 opinions
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Myzel v. FieldsCourt of Appeals for the Eighth Circuit · 1967
- John B. Janigan v. Frederick B. TaylorCourt of Appeals for the First Circuit · 1965
- Nelson v. SerwoldCourt of Appeals for the Ninth Circuit · 1978
- Godfrey v. WashingtonWashington Supreme Court · 1975
12 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Burgess v. Premier Corp.Court of Appeals for the Ninth Circuit · 1984
- United States v. Robert S. GordonCourt of Appeals for the Ninth Circuit · 2004
- Pulaski & Middleman, LLC v. Google, Inc.Court of Appeals for the Ninth Circuit · 2015
- Frances Childs v. Local 18, International Brotherhood of Electrical Workers, and International Brotherhood of Electrical WorkersCourt of Appeals for the Ninth Circuit · 1983
- International Raw Materials, Ltd. v. Stauffer Chemical Co.Court of Appeals for the Third Circuit · 1992
33 more not listed; retrieve them via the Exa API.