Search : U.S. Supreme Court : Securities Law : From 10/01/00 To 07/01/01
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| Court: | U.S. Supreme Court |
| Topic: | Securities Law |
| Title: | THE WHARF (HOLDINGS) LTD. v. UNITED INT'L HOLDINGS, INC. |
| Date: | 05/21/01 |
| Case Number: | 00-347 |
| Summary: | Secretly intending never to honor an oral grant of an option to buy stock violates section 10(b) of the Securities Exchange Act of 1934, which prohibits using a manipulative or deceptive device or contrivance in connection with the purchase or sale of any security. |