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Court Finds Promissory Notes Are Not Securities

Yesterday's post concerned the Court of Appeal's decision in People v. Black, 2017 Cal. App. LEXIS 130 (Cal. App. 6th Dist. Feb. 16, 2017).  The case involved the criminal prosecution of an individual for making false statements in connection with...

California Securities Laws, Marine Bank v. Weaver, promissory notes, Section 25019, Court of Appeal, howey, People v. Black, Silver Hills

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