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Get more case briefs explained with Quimbee. Quimbee has over 36,300 case briefs (and counting) keyed to 984 casebooks ► https://www.quimbee.com/case-briefs-overview In re Donald J. Trump Casino Securities Litigation (Kaufman v. Trump’s Castle Funding) | 7 F.3d 357 (1993) A company offering an investment opportunity violates federal securities laws if it misleadingly overstates the investment’s chances of success. In Re Donald J. Trump Casino Securities Litigation considers the bespeaks-caution doctrine. Under the doctrine, a misleading forward-looking statement isn’t actionable if the company also cautioned investors regarding the investment’s risks. Donald Trump and Trump-owned entities sought to raise capital for the Taj Mahal Casino in Atlantic City. They offered $675,000,000 in bonds to the public. The bonds’ prospectus, a document providing details about the investment offering, estimated the cost to build and open the casino at $805,000,000. It would be funded by the bonds, a capital contribution by Trump, and loans. The prospectus also made a forward-looking statement expressing management expectations about the Taj Mahal’s performance. It stated that the Trump entities believed that the Taj Mahal’s operations would generate sufficient funds to, quote, “cover all of its debt service, interest and principal,” unquote. Alongside the rosy forecast of the Taj Mahal’s ability to repay the bonds, the prospectus included extensive cautionary statements. The prospective explained that the Taj Mahal was an unprecedented venture in terms of its size and scale. It stated that the project posed a variety of risks, including fierce competition in the local casino industry, peak revenue only accruing seasonally during the summer, and the possibility of construction delays. Not long after the Taj Mahal opened, investors learned that the Trump entities planned to file for bankruptcy and reorganize the debt. Investors, including Sidney Kaufman, sued in several judicial districts, and their claims were consolidated for pretrial proceedings. The investors claimed that the prospectus contained misrepresentations and omissions of material fact in violation of several securities fraud provisions. The district court dismissed the complaint. The investors appealed to the Third Circuit. Want more details on this case? Get the rule of law, issues, holding and reasonings, and more case facts here: https://www.quimbee.com/cases/in-re-donald-j-trump-casino-securities-litigation-kaufman-v-trump-s-castle-funding The Quimbee App features over 36,300 case briefs keyed to 984 casebooks. Try it free for 7 days! ► https://www.quimbee.com/case-briefs-overview Have Questions about this Case? Submit your questions and get answers from a real attorney here: https://www.quimbee.com/cases/in-re-donald-j-trump-casino-securities-litigation-kaufman-v-trump-s-castle-funding Did we just become best friends? Stay connected to Quimbee here: Subscribe to our YouTube Channel ► https://www.youtube.com/subscription_center?add_user=QuimbeeDotCom Quimbee Case Brief App ► https://www.quimbee.com/case-briefs-overview Facebook ► https://www.facebook.com/quimbeedotcom/ Twitter ► https://twitter.com/quimbeedotcom #casebriefs #lawcases #casesummaries

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This FlowRider is located on the 6th floor pool deck at Planet Hollywood Resort on the Las Vegas strip. It is open to the public as well as guest. The price is 35$ for 30 minutes or $25 with a local ID. There is a trainer as well as stand up flowboards or bodyboards. Unique Surfing Experience in the Desert: It offers the thrill of catching a wave in the middle of the desert, which is a novel and exciting concept, especially for teens who might not have access to real ocean surfing. This makes it a memorable and unique experience. Action-Packed and Engaging: Unlike simply lounging by a pool, the FlowRider provides an active and challenging experience. Teens can try bodyboarding or standing up to surf, practicing their balance and skills. This active engagement is often more appealing to teenagers than passive relaxation. Suitable for Various Skill Levels: Whether they are complete beginners or have some boarding experience, the FlowRider is designed to accommodate different skill levels. Instructors are on hand to guide newbies, and the special impact-absorbing surface minimizes the fear of wiping out, making it approachable. More experienced riders can still enjoy the challenge and try tricks. Cool Way to Beat the Las Vegas Heat: Summer in Las Vegas can be extremely hot. The FlowRider provides an exhilarating and effective way to cool down and have fun in the water, offering a refreshing escape from the intense temperatures. Social and Interactive: The FlowRider is often part of a lively pool deck scene. Teens can go with friends, watch each other ride, and share in the excitement, making it a social and interactive activity. There's an element of friendly competition and encouragement. Convenient Location: Located on the 6th-floor rooftop pool deck of Planet Hollywood, it's easily accessible on the Las Vegas Strip, making it a convenient option for teens staying at or near the hotel. "Cool Factor": Surfing, even simulated, carries a certain "cool factor" that appeals to teenagers. It's an opportunity to try something a bit more extreme and show off their adventurous side. While it's important to note that there are age and height requirements (42 inches for bodyboarding and 48 inches for standing up), the FlowRider at Planet Hollywood provides an active, thrilling, and unique water experience that makes it a top choice for teens looking for summer fun in Las Vegas. This is a great Las Vegas attraction for kids, teens and adults ! Looking for a family-friendly activity in Las Vegas!? Look no further, this action-packed/extreme sport surfing machine is the best way to beat the heat on the Las Vegas Strip. Leave a comment and Subscribe to help grow the sport of flowboarding around the world. instagram.com/flowrider13roz www.facebook.com/Flowrider13r0z www.13roz.com Surf this wave in the city of Las Vegas. Tags FlowRider, Flowboarders, FlowHouse, Wave House, Flowboarding, Flowboard, Surfrider, Flowriding, flowride, flow boarding, surf machine, surf pool, waveloch, whitewater, whitewaterwest, surfing, bodyboarding, bodyboard, bodyboarder, surfer, skatepark, skateboarding, skate white water west, flowboarders, Flowrider, flowboarding, flow rider, flow riding, flowride, flowboard, flowriding, flow tour, floriding, floride, flowride, flowride, contest, competition, worlds best tricks and fails, maeva surf, aqua shop, wave house, wavehouse, flow house, flowboards, salomon center, Royal Caribbean, flowhouse bangkok, surf house phuket, iaapa, water park thrill rides, surfing machine, wave machine, surf simulator, Wave pool, surfboarding, sheet wave, adg, aquatic development group, pacific surf designs, psd, sean silveira, nick nguyen, daniel tarapchak, scott callens, city wave, waikai lineup, las vegas fun

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