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Smith v. Bolles, 132 U.S. 125 (1889), was an action to recover out-of-pocket damages for alleged fraudulent representations in the sale of shares of mining stock. The plaintiff was denied benefit of the bargain damages. The case is important in contract law, specifically legal remedies and compensating expectancies.

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  • Smith v. Bolles (en)
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  • Smith v. Bolles, 132 U.S. 125 (1889), was an action to recover out-of-pocket damages for alleged fraudulent representations in the sale of shares of mining stock. The plaintiff was denied benefit of the bargain damages. The case is important in contract law, specifically legal remedies and compensating expectancies. (en)
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  • Smith v. Bolles (en)
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  • Error to the Circuit Court of the United States for the Northern District of Ohio (en)
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  • Smith v. Bolles, (en)
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  • Smith v. Bolles (en)
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  • Defendant is bound to make good the loss sustained, such as the moneys the plaintiff had paid out and interest, and any other outlay legitimately attributable to defendant's fraudulent conduct; but this liability did not include the expected fruits of an unrealized speculation. (en)
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  • Smith v. Bolles (en)
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  • Smith v. Bolles, 132 U.S. 125 (1889), was an action to recover out-of-pocket damages for alleged fraudulent representations in the sale of shares of mining stock. The plaintiff was denied benefit of the bargain damages. The case is important in contract law, specifically legal remedies and compensating expectancies. (en)
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