(Download) "Adler v. Klawans" by United States Court Of Appeals Second Circuit " Book PDF Kindle ePub Free
eBook details
- Title: Adler v. Klawans
- Author : United States Court Of Appeals Second Circuit
- Release Date : January 04, 1959
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 59 KB
Description
This appeal presents for the first time the question whether Section 16(b) of the Securities Exchange Act of 1934 covers so called "insider profits" made on sales of the corporations stock by the director of a corporation while holding such office but who was not a director when he purchased the stock less than six months earlier. We hold that such profits are covered by the statute.