Home > Journals > Michigan Law Review > MLR > Volume 34 > Issue 2 (1935)
Abstract
To obtain a more favorable market ratio for the contemplated exchange, defendants maintained an artificial market in Harriman Bank stock, then offered to exchange that stock for Liberty Bank stock. In a suit brought by former Liberty Bank stockholders to obtain a rescission of the executed exchange upon the ground of fraud, held, that a good cause of action was stated. Wilcox v. Harriman Securities Corporation et al., (D. C. N. Y. 1933) Io F. Supp. 532.
Recommended Citation
CORPORATIONS - STOCK MARKET MANIPULATION - RESCISSION FOR FRAUD,
34
Mich. L. Rev.
268
(1935).
Available at:
https://repository.law.umich.edu/mlr/vol34/iss2/6