Claire Rand, Custodian for Brett Rand v. Monsanto Company

U.S. Court of Appeals, Seventh Circuit · Decided 1991-02-20

Cited by 180 later decision(s) in our corpus · see the citation network in Lexace

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EASTERBROOK, Circuit Judge. Brett Rand bought 200 shares of stock in Monsanto Company on July 23, 1985, five days after Monsanto announced plans to acquire G.D. Searle Company. He argues in this securities suit that Monsanto committed fraud by not disclosing Searle’s potential liabilities for its Cu-7 intrauterine device, the subject of an article that Business Week published on October 4, 1985. The day after the artic…

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