Legal Opinion
GCA Strategic Investment Fund, Ltd. v. Joseph Charles & Associates, Inc.
Court of Appeals of Georgia
Decided July 18, 2000No. A00A1322PublishedCited by 30 opinions
1Opinion of the Court
Mikell, Judge.
GCA Strategic Investment Fund Limited (“GCA”) purchased 2,000 shares of preferred stock in Integrated Medical Resources, Inc. (“IMRI”) three weeks before IMRI declared bankruptcy. GCA sued the seller and broker alleging, inter alia, fraud and misrepresentation. The trial court dismissed the complaint for failure to state a claim upon which relief can be granted, and GCA appeals. We affirm as to the seller but reverse as to the broker.
Construed most favorably to GCA, the complaint shows that GCA purchased a portfolio of five securities, including the IMRI stock, for $2.8 million.…
2Cases cited16 opinions
- Bryant v. Avado Brands, Inc.Court of Appeals for the Eleventh Circuit · 1999
- Anderson v. FlakeSupreme Court of Georgia · 1997
- William Goldberg & Co., Inc. v. CohenCourt of Appeals of Georgia · 1995
- U. S. Anchor Manufacturing, Inc. v. Rule Industries, Inc.Supreme Court of Georgia · 1994
- Carpenter v. CurtisCourt of Appeals of Georgia · 1990
11 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Jimmy Ledford v. Shelby Peeples, Jr.Court of Appeals for the Eleventh Circuit · 2011
- Resource Life Insurance Co. v. BucknerCourt of Appeals of Georgia · 2010
- American Casual Dining, L.P. v. Moe's Southwest Grill, L.L.C.District Court, N.D. Georgia · 2006
- Catrett v. Landmark Dodge, Inc.Court of Appeals of Georgia · 2002
- Next Century Communications Corp., a Delaware Corporation v. U. Bertram Ellis, Jr.Court of Appeals for the Eleventh Circuit · 2003
25 more not listed; retrieve them via the Exa API.