Securities and Exchange Commission v. W. J. Howey Co.

Supreme Court of the United States · Decided 1946-10-14

Cited by 1,611 later decision(s) in our corpus · see the citation network in Lexace

Open in Lexace · Ask the AI about this case

From the opinion

Mr. Justice Murphy delivered the opinion of the Court. This case involves the application of § 2 (1) of the Securities Act of 1933 1 to an offering of units of a citrus grove development coupled with a contract for cultivating, marketing and remitting the net proceeds to the investor. The Securities and Exchange Commission instituted this action to restrain the re…

Read the full opinion (source) ↗


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Citation figures are counts of later citing opinions in our corpus and may be incomplete; always read and Shepardize the full opinion before relying on it.