1. Home
  2. Browse Decisions
  3. U.S.
  4. 471 U.S.
  5. 471 U.S. 701 (1985)
 

GOULD v. RUEFENACHT

No. 84-165.

471 U.S. 701 (1985)

105 S.Ct. 2308

85 L.Ed.2d 708

GOULD v. RUEFENACHT ET AL.

Supreme Court of United States.

Decided May 28, 1985

Attorney(s) appearing for the Case

Robert C. Epstein argued the cause for petitioner. With him on the brief were Dean A. Gaver and Joseph J. Fleischman. Robert J. Kelly filed a brief for O'Halloran, as respondent under this Court's Rule 19.6, urging reversal.

Peter S. Pearlman argued the cause for respondent Ruefenacht. With him on the brief was Jeffrey W. Herrmann.

Daniel L. Goelzer argued the cause for the Securities and Exchange Commission as amicus curiae urging affirmance. With him on the brief were Solicitor General Lee, Deputy Solicitor General Claiborne, Paul Gonson, Jacob H. Stillman, and Rosalind C. Cohen.

JUSTICE POWELL delivered the opinion of the Court.

This case presents the question whether the sale of 50% of the stock of a company is a securities transaction subject to the antifraud provisions of the federal securities laws (the Acts).

I

In 1980, respondent Ruefenacht (hereafter respondent) purchased 2,500 shares of the stock of Continental Import & Export, Inc., an importer of wine and spirits, from Joachim Birkle. Birkle was Continental...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases