Chapter 8 - § 8.11 • SECURITIES EXCHANGE AS A "FORCED SALE"

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§ 8.11 • SECURITIES EXCHANGE AS A "FORCED SALE"

A securities exchange may constitute a "forced sale" for purposes of Rule 10b-5 if securities holders can demonstrate "a fundamental change in the nature of [their] investment."67


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Notes:

[67] 7547 Corp. v. Varker & Varsley Dev. Vartners, L.V., 38 F.3d 211 (5th Cir. 1994).

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