Legal Opinion
Grand v. Nacchio
Arizona Supreme Court
Decided August 5, 2010No. CV-09-0317-PRPublishedCited by 16 opinions
1Opinion of the Court
OPINION
HURWITZ, Vice Chief Justice.
¶ 1 The issue for decision is whether the defendants “participated in” an allegedly unlawful sale of securities. The courts below held that the defendants did not participate in the sale. We agree.
I
¶2 In 1999, Koninklijke KPN N.V. and Qwest Communications International, Inc. (“Qwest”) formed a joint venture, KPNQwest (“KPNQ”). Joseph P. Nacchio was Qwest’s CEO and chairman of KPNQ’s supervisory board. John A. MeMaster, Qwest’s former executive vice president, was KPNQ’s CEO.
¶ 3 The R.M. Grand Revocable Living Trust (“the Trust”) purchased 30,000 shares of…
2Cases cited16 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Standard Chartered PLC v. Price WaterhouseCourt of Appeals of Arizona · 1997
- Cullen v. Auto-Owners InsuranceArizona Supreme Court · 2008
- State v. WiseArizona Supreme Court · 1983
11 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- James C. Sell v. Hon. gama/squire & CompanyArizona Supreme Court · 2013
- Estate of Desela v. Prescott Unified School District No. 1Arizona Supreme Court · 2011
- Pawn 1st, LLC v. City of PhoenixCourt of Appeals of Arizona · 2013
- In re Allstate Life InsuranceDistrict Court, D. Arizona · 2013
- Al Carranza v. madrigal/investigation Services, Inc.Arizona Supreme Court · 2015
11 more not listed; retrieve them via the Exa API.