Legal Opinion
Rosenthal v. Dean Witter Reynolds, Inc.
Supreme Court of Colorado
Decided December 18, 1995No. 94SC403PublishedCited by 92 opinions
1Opinion of the CourtJustice Scott
A seller’s misrepresentations or omissions of material fact, deceptive practices, or fraudulent acts in connection with the sale of a security are actionable under section 11 — 51— 125(2) of the Securities Act of 1981. Pursuant to our grant of certiorari,1 we must determine the pleading requirements sufficient to overcome a C.R.C.P. 12(b)(5) motion to dismiss. We also address the standing requirements of section 11-51-127(1).
I
In 1986, petitioners, Howard Rosenthal, Rudy L. Bettmann, and Judy J. Bettmann (purchasers) bought securities, general obligation municipal bonds,2 issued by the Castle…
2Cases cited30 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Ruth Panter v. Marshall Field & Co., Richard Weiss v. Marshall Field & Co.Court of Appeals for the Seventh Circuit · 1981
- Owens v. Aetna Life & Casualty Co.Supreme Court of the United States · 1981
- Fed. Sec. L. Rep. P 98,033 James L. Shores, Jr., as of the Estate of Clarence E. Bishop, Jr., Etc. v. Jerald H. SklarCourt of Appeals for the Fifth Circuit · 1981
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3Cited by92 opinions
- Diamond Multimedia Systems, Inc. v. Superior CourtCalifornia Supreme Court · 1999
- BRW, Inc. v. Dufficy & Sons, Inc.Supreme Court of Colorado · 2004
- Tigg v. Pirelli Tire Corp.Tennessee Supreme Court · 2007
- Kaufman v. I-Stat Corp.Supreme Court of New Jersey · 2000
- Wade v. Danek Medical, Inc.Court of Appeals for the Fourth Circuit · 1999
87 more not listed; retrieve them via the Exa API.