In Slayton v.American Express the courts held that American Express was not liable
for losses suffered by investors when company finances turned out worse than anticipated.

Question

Quizplus · Accepted Answer

The statement correctly summarizes the decision of the court in Slayton v. American Express. The court held that American Express had no duty to disclose the negative information that caused the plaintiffs to suffer losses, and therefore, was not liable for those losses.

In Slayton V