Dodds v. Cigna Securities, Inc.
Court of Appeals for the Second Circuit
1Opinion of the Court
WINTER, Circuit Judge:
Mary E. Dodds appeals from Judge Lar-imer’s dismissal of her amended complaint, holding as a matter of law that Dodds’ federal securities claims were time-barred: Dodds v. Cigna Securities, Inc., 841 F.Supp. 89 (W.D.N.Y.1992). The district court also dismissed Dodds’ pendent state law claims. We hold that when an investor is provided prospectuses that disclose that certain investments are risky and illiquid, she is on notice for purposes of triggering the statute of limitations that several such investments might be inappropriate in a conservative portfolio. We…
2Cases cited20 opinions
- Kremer v. Chemical Construction Corp.Supreme Court of the United States · 1982
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Wood v. CarpenterSupreme Court of the United States · 1879
- Armstrong v. McAlpinCourt of Appeals for the Second Circuit · 1983
- Fed. Sec. L. Rep. P 96,366 Benjamin A. Cook v. Avien, Inc., James F. Pritchard, Benjamin A. Cook v. Avien, Inc.Court of Appeals for the First Circuit · 1978
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- Cohen v. S.A.C. Trading Corp.Court of Appeals for the Second Circuit · 2013
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