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State Courts -
California - January 19, 2005
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Persson v. Smart Inventions, Inc., B164418, B167179, B172749,
COURT OF APPEAL OF CALIFORNIA, SECOND APPELLATE DISTRICT, DIVISION EIGHT, January 19, 2005, Filed
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Overview: Jury verdict awarding damages for fraudulent concealment was supported by evidence. Remaining shareholder intentionally concealed information. Information was material as reasonable investor would have considered existence of new product important.
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