Pinter v. Dahl

Citation

486 U.S. 622 (1988)

Facts

Stub — to be completed.

Issue

Stub — to be completed.

Holding

Stub — to be completed.

Rule

A “seller” under § 12(a)(1) of the Securities Act includes a person who successfully solicits a purchase, motivated at least in part by a desire to serve his own financial interests or those of the securities owner.

Significance

Defined “seller” broadly under § 12 to include active solicitors, not just those who pass title.

Courses