Legal Opinion

John Casella Joan Casella v. William Webb Private Ledger, Anita Chalmers Dba Private Ledger Financial Services, and Anita Chalmers, AKA Anita Webb

Court of Appeals for the Ninth Circuit

Decided August 25, 1989No. 87-6234PublishedCited by 70 opinions

1Opinion of the Court

JAMES R. BROWNING, Circuit Judge:

John and Joan Casella appeal the district court’s summary judgment for Anita Chal-mers in an action alleging Chalmers’ material misrepresentations induced them to purchase interests in a limited partnership, in violation of section 12(2) of the 1933 Securities Act, 15 U.S.C. § 111(2), and of the common law prohibition against fraud.

I

The Casellas bought shares in a real estate limited partnership known as Hondo House, Ltd., allegedly in reliance on the following false representations by Chal-mers: (1) Hondo House “was qualified with [the] IRS as an IRS approved…

2Cases cited16 opinions

  1. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  2. Randall v. LoftsgaardenSupreme Court of the United States · 1986
  3. Barry G. Lew, M.D. v. Kona HospitalCourt of Appeals for the Ninth Circuit · 1985
  4. Fed. Sec. L. Rep. P 93,213 Hill York Corporation v. American International Franchises, Inc., Gurn H. FreemanCourt of Appeals for the Fifth Circuit · 1971
  5. Fed. Sec. L. Rep. P 98,722 Securities and Exchange Commission v. The Seaboard Corporation, Etc., Admiralty Fund and Admiralty Fund Growth Series Litigation Trust, Cross-Claimant/appellant v. Hugh Johnson & Company, Inc., Hugh Johnson, Norman Michael Keiser, and Ernst& Ernst, Cross-Defendants/appelleesCourt of Appeals for the Ninth Circuit · 1982

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3Cited by70 opinions

  1. In Re Daou Systems, Inc., Securities Litigation, Greg Sparling Eugene Krabbenhoft Patrick De Kruyff, Esq. Robert Zaretsky Rod Ford Thomas v. Hagman Richard W. Walsh Richard Toribio Paul Rabin v. Georges Daou Daniel Daou Fred McGee Robert McNeill John Moragne Daou Systems, Inc., in Re Daou Systems, Inc., Securities Litigation, Greg Sparling Eugene Krabbenhoft Patrick De Kruyff, Esq. Robert Zaretsky Rod Ford Thomas v. Hagman Richard W. Walsh Richar Toribio Paul Rabin v. Georges Daou Daniel Daou Fred McGee Robert McNeill John Moragne, and Daou Systems, Inc.Court of Appeals for the Ninth Circuit · 2005
  2. Metromedia Co. v. FugazyCourt of Appeals for the Second Circuit · 1992
  3. Marram v. Kobrick Offshore Fund, Ltd.Massachusetts Supreme Judicial Court · 2004
  4. City Of Monroe Employees Retirement System v. Bridgestone CorporationCourt of Appeals for the Sixth Circuit · 2005
  5. Levine v. Diamanthuset, Inc.Court of Appeals for the Ninth Circuit · 1991

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