Kansas v. Ridenhour

Is an airplane investment program a security, and can the promoters of the program be held liable as sellers of securities?

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The Supreme Court of Kansas was asked if summary judgment was appropriate to determine that an airplane investment program was a security, and that the promoters of the program could be held liable as sellers of securities.

The full case and case summary are also available online at: http://www.mlmlegal.com/legal-cases/Kansas_v_Ridenhour.php

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