Legal Opinion
Boyd v. Kingdom Trust Co. (Slip Opinion)
Ohio Supreme Court
Decided August 9, 2018No. 2017-1336PublishedCited by 2 opinions
1Opinion of the CourtFrench, J.
*196 {¶ 1} The United States Court of Appeals for the Sixth Circuit has certified a question of Ohio law that asks whether *471 R.C. 1707.43, a provision of the Ohio Securities Act, imposes joint and several liability on persons who aided in the purchase of illegal securities but did not participate or aid in the sale of the illegal securities. We answer the question in the negative.
FACTS AND PROCEDURAL HISTORY
{¶ 2} Ohio residents Cynthia Boyd and Thomas Flanders, the plaintiffs-petitioners in this matter, are the alleged victims of a Ponzi scheme operated by William Apostelos. According to…
2Cases cited7 opinions
- Federated Management Co. v. Coopers & LybrandOhio Court of Appeals · 2000
- Christe v. GMS Management Co.Ohio Supreme Court · 2000
- Wells Fargo v. SmithOhio Court of Appeals · 2013
- Zernechel Plumbing Co. v. DavisCanton Municipal Court · 1978
- Boland v. HammondOhio Court of Appeals · 2001
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3Cited by2 opinions
- Bitounis v. Interactive Brokers, L.L.C.Ohio Court of Appeals · 2024
- Bitounis v. Interactive Brokers, L.L.C.Ohio Supreme Court · 2026