Summary
The Washington Court of Appeals determined that the defendant company and its corporate insiders ran afoul of the Washington State Securities Act (WSSA) when it did not disclose information regarding a potential merger of the company when it negotiated a ...
John Guarino and Ryan Smith v. Interactive Objects, Inc.
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See Also
Specifics of Merger Negotiations Need to Be Disclosed When Negotiating the Purchase of Stock by the Company or Corporate Insiders
The Washington Court of Appeals determined that the defendant company and its corporate insiders ran afoul of the Washington State Securities Act (WSSA) when it did not disclose information regarding a potential merger of the company when it negotiated a repurchase of its stock from the plaintiffs.