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2. In Robinson v. Glynn , an LLC was not the parties only option, as indicated by the conversion of Geophone from a corporation to
2. In Robinson v. Glynn, an LLC was not the parties only option, as indicated by the conversion of Geophone from a corporation to an LLC. (A) Suppose that Geophone still had been organized as a close corporation at the time Robinson bought an interest in it through the purchase of shares of Geophone stock. Would the transaction have been subject to Rule 10b5?
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