Legal Opinion
Stewart v. Estate of Steiner
Court of Appeals of Washington
Decided July 6, 2004No. 52416-0-IPublishedCited by 19 opinions
1Opinion of the CourtCox, C.J.
A purchaser of securities establishes liability for violation of the Washington State Securities Act (WSSA), chapter 21.20 RCW, by proving that the seller and/or others made material misrepresentations or omissions and the purchaser relied on those misrepresentations or omissions.1 But such a purchaser may be unable to establish reliance by having agreed, in writing, in advance of the sale *261that he or she relied solely on specified written materials about the securities in making the purchase. Prior to closing, Dr. Glenn Stewart, the purchaser in this case, expressly warranted in a…
2Cases cited20 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Young v. Key Pharmaceuticals, Inc.Washington Supreme Court · 1989
- Kay Hollinger Richard Llewelyn Jones Edward E. Nissen Judy D'Arcy K-Judy, Ltd. v. Titan Capital Corp. Emil Wilkowski Painter Financial Group, Ltd.Court of Appeals for the Ninth Circuit · 1990
- Neil Rogen v. Ilikon CorporationCourt of Appeals for the First Circuit · 1966
- One-O-One Enterprises, Inc. v. Richard E. CarusoCourt of Appeals for the D.C. Circuit · 1988
15 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Theodore C. Swartz v. Kpmg Llp, and Presidio Advisory Services Inc. Deutsche Bank Ag Deutsche Bank Securities, Inc.Court of Appeals for the Ninth Circuit · 2007
- FutureSelect Portfolio Management, Inc. v. Tremont Group Holdings, Inc.Court of Appeals of Washington · 2013
- In Re Metropolitan Securities LitigationDistrict Court, E.D. Washington · 2007
- Stewart v. Estate of SteinerCourt of Appeals of Washington · 2004
- Eagle Fund, Ltd. v. SarkansMassachusetts Appeals Court · 2005
14 more not listed; retrieve them via the Exa API.