SEXTON, AN UNMARRIED INFANT, BY AND THROUGH HIS MOTHER AND NATURAL GUARDIAN, SEXTON
v.
BELL HELMETS, INC.

U.S. | 1991-10-07
No. 90-1921
502 U.S. 820 Supreme Court of the United States (1991) Positive Treatment
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  • Gustafson v. Alloyd Co., Inc., 513 U.S. 561 (U.S. 1995)
    …. 1160 (1994), with First Union Discount Brokerage Services, Inc. v. Milos, 997 F. 2d 835, 842-844 (CA11 1993) (holding §12(2) inapplicable to secondary transactions); Ballay v. Legg Mason Wood Walker, Inc., 925 F. 2d 682 (CA3) (same), cert. denied, 502 U. S. 820 (1991). Section 410(a)(2) imposes liability on “[a]ny person who” “(2) offers or sells a security by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the l…

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