Robertson v. White
Court of Appeals for the Eighth Circuit
1Opinion of the Court
MAGILL, Circuit Judge.
This appeal concerns the degree to which a defendant is entitled to damages offsets in the calculation of rescissory damages.
In 1986, following a trial in federal district court, a jury found that the accounting firm of Arthur Young had committed securities fraud in connection with the sale of notes issued by Farmer’s Co-operative of Arkansas and Oklahoma, Inc. (Co-op). After appeals stretching over several years, the district court awarded the plaintiff class of Co-op note-holders (Class) $5.4 million in rescissory damages.
Arthur Young appeals the award of damages,…
2Cases cited12 opinions
- Reves v. Ernst & YoungSupreme Court of the United States · 1993
- Reves v. Ernst & YoungSupreme Court of the United States · 1990
- Randall v. LoftsgaardenSupreme Court of the United States · 1986
- Arthur Young & Co. v. RevesCourt of Appeals for the Eighth Circuit · 1991
- Milton W. GARNATZ, Appellee, v. STIFEL, NICOLAUS & CO., INC., and Kingsley O. Wright, AppellantsCourt of Appeals for the Eighth Circuit · 1977
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- Robertson v. WhiteCourt of Appeals for the Eighth Circuit · 1996
- John Peacock, Norma Harvey, Mildred Sorrell, Jennifer Short, Jim Mattson v. 21st Century Wireless Group, Inc.Court of Appeals for the Eighth Circuit · 2002
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