Opinion · Supreme Court of the United States

Feldman v. United States

502 U.S. 1099

Type
Opinion
Court
Supreme Court of the United States
Jurisdiction
Federal
Date
1992-02-24
Topic
general

How later courts describe this case

  • contract gave the insurance company the right periodically and unilaterally to change the prospective interest rate
  • fraud occurs only when a person of ordinary prudence and comprehension would rely on misrepresentations; no reasonable person would rely on puffery that an investment will earn the "highest" rate of return
  • contract gave insurer right to alter interest rate to beneficiaries’ disadvantage

Citator

UpLaw has not yet analyzed Feldman v. United States. The absence of a flag is not a finding that it is good law.

Cited by
36 opinions

C. A. 11th Cir. Certiorari denied.