[Download] "Aquionics Acceptance Corp. v. Kollar" by United States Court Of Appeals For The Sixth Circuit # Book PDF Kindle ePub Free

May 30, 2021

eBook details

Title: Aquionics Acceptance Corp. v. Kollar
Author : United States Court Of Appeals For The Sixth Circuit
Release Date : January 09, 1974
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 62 KB

Description

Two questions are presented in this appeal from a jury verdict in favor of the defendants. The plaintiff sued for damages suffered by it in the purchase of stock of the defendant Statler Engine Corporation in reliance upon allegedly false and misleading statements made by various defendants. The corporate plaintiff caused the stock in Statler to be issued in its name as an investment medium for its shareholders. Both Aquionics and Statler are Ohio corporations and the negotiations which led up to the purchase of Statler stock by Aquionics took place within that state. In addition to a number of face-to-face meetings there were intrastate telephone calls between officers and directors of the two corporations. Several months after plaintiff purchased and paid for the stock, Statler caused a stock certificate to be sent through United States mails to Florida where its secretary was then living for his signature. This certificate was returned by mail from Florida to Ohio and delivered to plaintiff.