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Quotation from Basic Inc. v. Levinson by Supreme Court of the United States
“Yet today, the Court embraces this theory with the sweeping confidence usually reserved for more mature legal doctrines.”
Basic Inc. v. Levinson, Opinion of Justice White, concurring in part and dissenting in part (U.S. Reports text (Legal Information Institute))
Justice White, joined by Justice O'Connor, objects to the speed with which the Court adopts the fraud-on-the-market theory.
Citation: "Yet today, the Court embraces this theory with the sweeping confidence usually reserved for more mature legal doctrines." — Supreme Court of the United States, Basic Inc. v. Levinson, Opinion of Justice White, concurring in part and dissenting in part (U.S. Reports text (Legal Information Institute)). (id basic-inc-v-levinson-q5)
Portrait: Justice Blackmun Official, Unknown, Public domain.
