Legal Opinion
Austin v. Loftsgaarden
Court of Appeals for the Eighth Circuit
Decided April 7, 1982No. Nos. 80-1771, 80-1874PublishedCited by 88 opinions
1Opinion of the Court
HANSON, Senior District Judge.
Plaintiffs-appellees are four of twenty-two limited partners who invested in a development to build and operate a Ramada Inn motel in Rochester, Minnesota. In the district court they prevailed on various claims that they were defrauded by defendants-appellants B. J. Loftsgaarden and three of his closely-held corporations because of misrepresentations, half-truths, and omissions that were found to exist in the Offering Memorandum used to attract plaintiffs to the project.1 A jury found Loftsgaarden and the corporate defendants (hereinafter Loftsgaarden) liable…
2Cases cited28 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Norfolk & Western Railway Co. v. LiepeltSupreme Court of the United States · 1980
- Myzel v. FieldsCourt of Appeals for the Eighth Circuit · 1967
23 more not listed; retrieve them via the Exa API.
3Cited by88 opinions
- Randall v. LoftsgaardenSupreme Court of the United States · 1986
- Binder v. GillespieCourt of Appeals for the Ninth Circuit · 1999
- Joseph v. WilesCourt of Appeals for the Tenth Circuit · 2000
- In Re Nationsmart Corporation Securities LitigationCourt of Appeals for the Eighth Circuit · 1998
- Fed. Sec. L. Rep. P 92,535 Harold Harris v. Union Electric CompanyCourt of Appeals for the Eighth Circuit · 1986
83 more not listed; retrieve them via the Exa API.