In a case framed in deceit the measure of damages involved ascertainment of the ‘real’ or ‘face’ value of the shares at the time of allotment or purchase.
Citations:
(1860) 36 LT 97
Jurisdiction:
England and Wales
Cited by:
Cited – Smith New Court Securities Ltd v Scrimgeour Vickers HL 21-Nov-1996
The defendant had made misrepresentations, inducing the claimant to enter into share transactions which he would not otherwise have entered into, and which lost money.
Held: A deceitful wrongdoer is properly liable for all actual damage . .
Lists of cited by and citing cases may be incomplete.
Damages
Updated: 26 November 2022; Ref: scu.191184