prospectus
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 513 U.S. 561 - Gustafson v. Alloyd Co. · 1995Most cited · 2,171 citing opinions
one thing in § 12 and another in § 10 to adduce strong textual support for that conclusion.
How the Supreme Court has restated “prospectus”
Each Supreme Court definition of “prospectus,” sized by how often later courts cited it. “Change” is measured by wording overlap with earlier definitions — a rough signal, not a semantic judgment.
How often courts cite the case defining “prospectus”
Court decisions citing the opinion that defined “prospectus” — 2,150 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 3 definitions, chronological · 1995–1995
any communication, written or by radio or television, that offers a security for sale or confirms the sale of a security." Congress did not write the statute that way, however, and we decline to say it included the words "notice, circular, advertisement, [and] letter" for no purpose.
any prospectus, notice, circular, advertisement, letter, or communication, written or by radio or television, which offers any security for sale or confirms the sale of any security." 15 U.S.C.