Legal Opinion
FutureSelect Portfolio Management, Inc. v. Tremont Group Holdings, Inc.
Court of Appeals of Washington
Decided August 12, 2013No. 68130-3-IPublishedCited by 33 opinions
1Opinion of the CourtVerellen, J.
¶1 Bernard Madoff’s incredible “success” as an investor spurred some investment firms to contract with Madoff to manage their “feeder funds.”1 An investment firm sold such funds to a group of local investors, who lost $195 million when Madoff’s notorious Ponzi scheme collapsed.
¶2 The investors (FutureSelect) sued the investment firm (Tremont), its corporate parent (Oppenheimer) and grandparent (Mass Mutual), as well as an auditor (Ernst & Young) for Washington securities fraud and tort claims. The King County Superior Court dismissed all of the claims pursuant to CR 12(b)(6) and the claims…
2Cases cited102 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Burger King Corp. v. RudzewiczSupreme Court of the United States · 1985
- The Bremen v. Zapata Off-Shore Co.Supreme Court of the United States · 1972
- McGee v. International Life InsuranceSupreme Court of the United States · 1957
- Cannon Manufacturing Co. v. Cudahy Packing Co.Supreme Court of the United States · 1925
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3Cited by33 opinions
- FutureSelect Portfolio Management, Inc. v. Tremont Group Holdings, Inc.Washington Supreme Court · 2014
- Karpenski v. American General Life Companies, LLCDistrict Court, W.D. Washington · 2014
- Jonathan Deegan v. Windermere Real Estate/center Isle, Inc.Court of Appeals of Washington · 2017
- State v. LG Electronics, Inc.Court of Appeals of Washington · 2015
- Fed. Home Loan Bank of Seattle v. Credit Suisse Sec. (USA) LLCWashington Supreme Court · 2019
28 more not listed; retrieve them via the Exa API.