Smith v. Dominion Bridge Corp.

BVLaw
Full Text of Court Cases
March 5, 1998
1791 Structural Steel Erection
238120 Structural Steel and Precast Concrete Contractors
fraud

Smith v. Dominion Bridge Corp.
1998 U.S. Dist. LEXIS 2586
US
Federal Court
Pennsylvania
United States District Court
Reed

Summary

Claim under fraud-on-the-market doctrine, which provides a purchaser of stock from an efficient exchange a rebuttable presumption that he relied on the market's stock price.

See Also

Smith v. Dominion Bridge Corp.

Smith brought a motion before the court seeking class action status for himself and for those who purchased shares of Dominion on the Nasdaq stock exchange and the Vancouver Stock Exchange.