Fed. Sec. L. Rep. P 98,227 G. L. Canfield v. Rapp & Son, Inc.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
SPRECHER, Circuit Judge.
This case arises out of the sale of the business, through the sale of all of the stock, of Twigg Corp. (“Twigg”) to Rapp & Son, Inc. (“Rapp”) by G. L. Canfield and two other former owners of Twigg. Rapp alleges that the sale violated federal and Indiana securities laws and constituted common law fraud. After trial, the district court found that Rapp had failed to establish any of the material elements for recovery under the federal and state securities laws or for common law fraud. Moreover, the court found that the transaction in controversy did not constitute the…
2Cases cited20 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
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- Fed. Sec. L. Rep. P 93,748 Securities and Exchange Commission v. Glenn W. Turner Enterprises, Inc.Court of Appeals for the Ninth Circuit · 1973
- Photovest Corporation, an Indiana Corporation, and Cross-Appellant v. Fotomat Corporation, a Delaware Corporation, and Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1979
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- Trudy UNGER, Plaintiff-Appellee, Counter-Appellant, v. CONSOLIDATED FOODS CORPORATION, Defendant-Appellant, Counter-AppelleeCourt of Appeals for the Seventh Circuit · 1981
- Zandman v. JosephDistrict Court, N.D. Indiana · 1984
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