Legal Opinion

Connecticut National Bank v. Giacomi

Supreme Court of Connecticut

Decided July 22, 1997No. SC 15539PublishedCited by 117 opinions

1Opinion of the Court

*20 Opinion

BORDEN, J.

The primary issue in this appeal is whether, for the purposes of General Statutes (Rev. to 1993) § 36-498 (c) of the Connecticut Uniform Securities Act (CUSA),1 a bank can be the agent of a person who is hable for fraudulent conduct in connection with a securities transaction under § 36-498 (a).2 The plaintiff, *21Connecticut National Bank,3 brought separate actions, as payee, against the defendants,4 as makers of promissory notes that were payable on demand. All of the defendants, except for Valerie DePastino,5 were among the group of investors in the now defunct Great Rings…

2Cases cited58 opinions

  1. Pinter v. DahlSupreme Court of the United States · 1988
  2. Kungys v. United StatesSupreme Court of the United States · 1988
  3. Pandolphe's Auto Parts, Inc. v. Town of ManchesterSupreme Court of Connecticut · 1980
  4. Metromedia Co. v. FugazyCourt of Appeals for the Second Circuit · 1992
  5. Fed. Sec. L. Rep. P 97,567 Edmond G. Pharo v. W. L. SmithCourt of Appeals for the Fifth Circuit · 1980

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3Cited by117 opinions

  1. State v. HinesSupreme Court of Connecticut · 1998
  2. State v. CobbSupreme Court of Connecticut · 1999
  3. Rivera v. Double A Transportation, Inc.Supreme Court of Connecticut · 1999
  4. Giulietti v. GiuliettiConnecticut Appellate Court · 2001
  5. State v. VelascoSupreme Court of Connecticut · 2000

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