Smith v. Dominion Bridge Corp.

Business Valuation UpdateVol. 4 No. 5
Legal and Court Case Update
May 1998
1791 Structural Steel Erection
238120 Structural Steel and Precast Concrete Contractors

Smith v. Dominion Bridge Corp.
1998 U.S. Dist. LEXIS 2586
March 5, 1998
Federal Court
United States District Court


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.

See Also

Smith v. Dominion Bridge Corp.

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.