Legal Opinion

Garretson v. Red-Co, Inc.

Court of Appeals of Washington

Decided November 28, 1973No. 893-2PublishedCited by 9 opinions

1Opinion of the CourtPearson, C.J.

Defendants appeal from a judgment for damages and attorney’s fees in an action brought by plaintiff, Jan Garretson, under RCW 21.20.430, the civil liability provision of The Securities Act of Washington.

The assignments of error relate to a single issue. On the evidence presented did the trial court properly apply the damage formula set forth in RCW 21.20.430? We affirm the judgment.

The unchallenged findings establish that in 1969 plaintiff purchased 250 shares of stock in Pacific Avenue Investments, Inc. for $25,745.36. The sale was initiated and solicited by the defendant, Red-Co, Inc., a…

2Cases cited11 opinions

  1. Zinn v. Ex-Cell-O Corp.California Supreme Court · 1944
  2. Moffitt v. HerefordSupreme Court of Missouri · 1896
  3. Hoke v. Stevens-Norton, Inc.Washington Supreme Court · 1962
  4. Trebelhorn v. BartlettNebraska Supreme Court · 1951
  5. Tilghman v. DollenbergSupreme Court of Pennsylvania · 1965

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3Cited by9 opinions

  1. Burgess v. Premier Corp.Court of Appeals for the Ninth Circuit · 1984
  2. Interlake Porsche + Audi, Inc. v. BucholzCourt of Appeals of Washington · 1986
  3. Mashburn v. First Investors Corp.Court of Appeals of North Carolina · 1993
  4. Windswept Corp. v. FisherDistrict Court, W.D. Washington · 1988
  5. Blue Sky L. Rep. P 71,936, Fed. Sec. L. Rep. P 99,699, 15 Fed. R. Evid. Serv. 241 Ernest M. Burgess, Edward H. Morgan, Clarence C. Pearson, John S. Tytus, and Lucius D. Hill v. Premier Corporation, a Delaware Corporation, William L. Brittain, Robert M. Bohlen, C. Gerald Haarer, and Herman L. Schrock, Louis Rosen and R.A. Lile, Substituted for W.E. Darby, Ernest M. Burgess, Edward H. Morgan, Clarence C. Pearson, John S. Tytus, and Lucius D. Hill v. Premier Corporation, a Delaware Corporation, William L. Brittain, Robert M. Bohlen, C. Gerald Haarer, and Herman L. Schrock, Louis Rosen and R.A. Lile, Substituted for W.E. DarbyCourt of Appeals for the Ninth Circuit · 1984

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