Lapidus v Att. Gen. [1987] JLR_Note 7c (24 September 1987)

Lapidus v Att. Gen. [1987] JLR_Note 7c (24 September 1987)

The court held that prevention of fraud in investor protection requires an intention to act on the minds of investors.

Parties
Applicant: Lapidus; Respondent: Attorney General
Jurisdiction
Jersey
Judgment Date
24 September 1987
Procedural Posture
Civil / Judgment
Legal Topics
Prevention of Fraud, Intention to Act on Minds of Investors
Investor Protection Prevention of Fraud Intention to Act on Minds of Investors

Case Brief

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Parties

Lapidus

Applicant

Attorney General

Respondent

Procedural Posture

Civil / Judgment

Legal Issues

  1. 1 Whether actions constituted fraud against investors
  2. 2 Whether there was intention to influence the minds of investors

Ratio Decidendi

The court held that prevention of fraud in investor protection requires an intention to act on the minds of investors.