Zirn v. VLI Corp.

Decided 1996-08-23

Cited by 129 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

VEASEY, Chief Justice. In this appeal, we follow and apply the law of partial disclosures. We hold that it is materially misleading to advise stockholders in a tender offer transaction of part, but only part, of the advice of the company’s patent counsel as to the patent status of the company’s most valuable asset. We also hold that the directors are exempt from liability for…

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