Monroe v. Hughes
Court of Appeals for the Ninth Circuit
1Opinion of the Court
SCHROEDER, Circuit Judge:
In this suit, investors in a failed company allege various Securities Act violations. The defendants include an accounting firm that provided the audit report accompanying the prospectus for the securities purchased by the plaintiffs. The plaintiffs claim that the accountants violated § 11 of the Securities Act of 1933, 15 U.S.C. § 77k, and § 10(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78j(b), as well as SEC Rule 10b-5, 17 C.F.R. § 240.10b-5. They also claim violations of Oregon’s Blue Sky laws. The district court granted summary judgment for the…
2Cases cited11 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- In Re Apple Computer Securities LitigationCourt of Appeals for the Ninth Circuit · 1989
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- In Re Countrywide Financial Corporation Securities LitigationDistrict Court, C.D. California · 2008
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