[Download] "Small V. Fritz Companies" by California Supreme Court * eBook PDF Kindle ePub Free
eBook details
- Title: Small V. Fritz Companies
- Author : California Supreme Court
- Release Date : January 07, 2003
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 103 KB
Description
This is a stockholder's action charging that defendant corporation and its officers sent its stockholders a fraudulent quarterly financial report that grossly overreported earnings and profits. Plaintiff alleged that when the fraud was discovered, the price of the corporate stock dropped precipitously, causing injury to stockholders like himself. *fn2 The trial court sustained a demurrer without leave to amend and entered judgment for defendants; the Court of Appeal reversed. We granted defendants' petition for review.