Fed. Sec. L. Rep. P 95,351 Billie Jean Woodward v. Metro Bank of Dallas

U.S. Court of Appeals, Fifth Circuit · Decided 1975-11-03

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GOLDBERG, Circuit Judge: This case brings before us the unfortunate predicament of one who claims she was defrauded in connection with the purchase and sale of a security and who accordingly seeks to invoke the broad, but not unbounded, protection of section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) (1970), and its implementing Rule 10b-5, <span class="cit…

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