Legal Opinion

Crater v. International Resources, Inc.

Ohio Court of Appeals

Decided December 29, 1993No. 16301PublishedCited by 7 opinions

1Opinion of the Court

Reece, Judge.

The defendants-appellants, International Resources, Inc. (“IRI”) and Arthur Driver, appeal from the trial court’s entry of summary judgment in favor of the plaintiff-appellee, Elizabeth V. Crater, on her claim for restitution of the purchase price she paid for securities issued by IRI. We affirm.

Sometime in 1988, Driver, the president of IRI, sent Crater informational literature on investing in oil and gas leases. Following this, Driver phoned Crater several times to explain the investment. Between December 1988 and December 1989, Crater purchased several working interests in oil…

2Cases cited5 opinions

  1. Stemen v. ShibleyOhio Court of Appeals · 1982
  2. Bronaugh v. R. & E. Dredging Co.Ohio Supreme Court · 1968
  3. Bell v. Le-Ge, Inc.Ohio Court of Appeals · 1985
  4. Obenauf v. CIDCO Investment Services, Inc.Ohio Court of Appeals · 1990
  5. Sorenson v. TenutaOhio Court of Appeals · 1989

3Cited by7 opinions

  1. Boland v. HammondOhio Court of Appeals · 2001
  2. First Financial Servs. v. Cross Tabernacle, 06ap-404 (8-21-2007)Ohio Court of Appeals · 2007
  3. Stuckey v. Online Resources Corp.District Court, S.D. Ohio · 2012
  4. Wilson v. WardOhio Court of Appeals · 2009
  5. Cain v. Mid-Ohio Secs., Inc., 06ca008933 (7-23-2007)Ohio Court of Appeals · 2007

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