Tuesday, July 12, 2011
Whether an investor who purchases shares from the market is entitled to claim damages?
whether an investor who purchases shares from the market is entitled to claim damages from the co. if there is a mis statement in prospectus.? with a view to issue shares to general public a prospectus containing some false information was issued by d co. i received a copy of the prospectus from the company, but did not apply for allotment of any shares. the allotment of shares to the general public was completed by the co. within the stipulated . a few months later i bought 2000 shares through the stoock exchange at a higher price which later on fell sharply. i sold these shares at a heavy loss. should i claim d damage from the co for the loss suffered
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment