Deckert v. Independence Shares Corp.

Supreme Court of the United States · Decided 1940-12-09

Cited by 497 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

Mr. Justice Murphy delivered the oüinion of the Court. Two important questions are presented by these petitions. The first is whether the Securities Act of 1933 ( 48 Stat. 74 ) authorizes purchasers of securities to maintain a suit in equity to rescind a fraudulent sale and secure restitution of the consideration paid, and t…

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