Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

transaction causation

Read a random definition: eluviation

A quick definition of transaction causation:

Transaction causation refers to the idea that if someone had been truthful about a certain thing, a person would not have made a particular transaction. For example, if someone had told the truth about a product, a person would not have bought it. In the world of finance, this is often used as a defense in cases where someone has lost money due to false information being given.

A more thorough explanation:

Definition: Transaction causation refers to the fact that an investor would not have engaged in a given transaction if the other party had made truthful statements at the required time.

Example: Let's say that a company is planning to issue new shares of stock. The company's CEO knows that the company is in financial trouble and that the stock is likely to lose value. However, the CEO does not disclose this information to potential investors. An investor buys the stock, but later finds out about the company's financial troubles and suffers losses as a result. In this case, the investor could argue that transaction causation exists because they would not have bought the stock if the CEO had made truthful statements.

This example illustrates how transaction causation can be used as a defense in securities cases. If an investor can prove that they would not have engaged in a transaction if the other party had made truthful statements, they may be able to recover damages.

transactional takeover defense | transaction cost

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
m10
20:42
Get the ones that are dressed up then!
@JumpySubsequentDolphin: LITERALLY I also just applied to work at garage cuz 50% EMPLOYEE DISCOUNT
m10
20:43
Or legacy collection v1
JumpySubsequentDolphin
20:43
@SplitterusClitterus: GARAGE JEANS FIT ME SO WEIRDLY WHICH SUCKS BC THEYRE SO CUTE
m10
20:43
The cool thing about V2 was it was an infinitely generating collection so they would have never sold out but they ended it early cus of the bear market.
@JumpySubsequentDolphin: NAURRR i need to try them on to see. ive never owned anything from them exceot maybe a tank in middle school?? but ive been a longtime lurker/windowshopper/fan
JumpySubsequentDolphin
20:45
SPLITTY if their jeans fit on my thighs they’re too big on my waist!!! it’s so frustrating
NOOO THEIR WHITE GIRL JEANS actually idk why im surprised
THEYRE**** THAT WAS AUTOCORREXT I SWEAR
babycat
20:46
@m10: infinitely generating means it comes up with new pictures? or new copies of the same pictures?
JumpySubsequentDolphin
20:46
if you’re the slightest bit curvy they are so obnoxious. me and my Abercrombie curve love’s are good together
SHUT UP I LOVE ABERCROMBIE JEANS
m10
20:47
Did y'all see this from ararara last night? https://studicata.com/case-briefs/all/
THOSE FIT SOO GOOD. i desperately need new jeans tho i ahvent gone shopping in millennia so a discount would come in clutch
JumpySubsequentDolphin
20:48
I got these jeans from re/done on a crazy sale and I love them BYT RHEY HAVE FIVE BUTTONS
JumpySubsequentDolphin
20:48
I DIDNT REALIZE WHEJ I BOUGHT THEM BC THEYRE HIDDEN. LIKE INSTEAD OF A ZIPPER THEYREBALL BUTTONS
JumpySubsequentDolphin
20:48
what if I have to pee.
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
LSD+ is ad-free, with DMs, discounts, case briefs & more.