Davidter v. Ash
This text of 249 N.W. 886 (Davidter v. Ash) is published on Counsel Stack Legal Research, covering Michigan Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Plaintiff has appealed from judgment on verdict directed in an action for damages for fraud in the sale of securities.
The measure of damages in such case is the difference at time of sale in value of the securities as they were represented and as they were. On this matter plaintiff was put to proof and failed, the only evidence worthy of note being that some months later a receiver was appointed for the corporation issuing the securities. This was insufficient to support an assessment of damages, as the trial court correctly held.
Affirmed.
McDONALD, C.J., and POTTER, SHARPE, NORTH, FEAD, WIEST, and BUTZEL, JJ., concurred. *Page 354
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
249 N.W. 886, 264 Mich. 353, 1933 Mich. LEXIS 1014, Counsel Stack Legal Research, https://law.counselstack.com/opinion/davidter-v-ash-mich-1933.