Poole v. N. v. Deli Maatschappij

HERRMANN, Justice:

This case is before us for the second time. It is a suit for inducing a sale of the stock of American Sumatra Tobacco Corporation by fraudulent misrepresentation.

The basic facts establishing the points of reference are set forth in our earlier opinion. See Poole, et al. v. N. V. Deli Maatschappij, et al., Del.Ch., 224 A.2d 260 (1966). As may be seen there, this Court held that the measure of damages in this case is the difference between the true value of the stock and the amount paid therefor by the defendant Deli. We affirmed the Chancery Court’s conclusion that the stock…