Fed. Sec. L. Rep. P 97,451 Jerry Krim, on Behalf of Himself and All Others Similarly Situated v. Banctexas Group, Inc., Banctexas Group, Inc.

U.S. Court of Appeals, Fifth Circuit · Decided 1993-05-12

Cited by 316 later decision(s) in our corpus · see the citation network in Lexace

From the opinion

GOLDBERG, Circuit Judge: On July 31, 1987, Jerry Krim purchased 100 shares of common stock in BancTexas Group, Inc. (“BTX”), a company which was in the process of restructuring after significant financial reversals. . Krim maintains that his decision to invest in BTX was made in reliance upon a BTX prospectus dated May 13, 1987. The prospectus described in some detail BTX’s rec…

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