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Adler v. Klawans
1959.C02.40236 267 F.2D 840
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- 0,99 €
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- 0,99 €
Beschreibung des Verlags
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.