Legal Opinion
Luksch v. Latham
District Court, N.D. California
Decided December 22, 1987No. C-84-5584 EFLPublishedCited by 14 opinions
1Opinion of the Court
ORDER DENYING SUMMARY JUDGMENT
LYNCH, District Judge.
This securities fraud case presents the question whether, as a matter of law, knowledge of the information contained in offering memoranda must be imputed to investors upon their receipt of such memo-randa, for the purpose of determining when the investors were on constructive notice so as to start the running of the statute of limitations. As described below, the Court concludes that such knowledge should not be legally imputed to investors, except in the unusual case where a court can determine, upon review of the detailed factual…
2Cases cited29 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Regina (Rega) Jablon v. Dean Witter & Co., and Sydney TurnerCourt of Appeals for the Ninth Circuit · 1980
- Blue Sky L. Rep. P 72,496, Fed. Sec. L. Rep. P 93,186 Thorburn Kennedy, Trustee v. Josephthal & Company, Inc., Edward M. Swartz and Fredric SwartzCourt of Appeals for the First Circuit · 1987
- Hobart v. Hobart Estate Co.California Supreme Court · 1945
- Gagne v. BertranCalifornia Supreme Court · 1954
24 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Deveny v. ENTROPIN, INC.California Court of Appeal · 2006
- General Bedding Corporation v. Angel Echevarria, Angel Echevarria Co., Inc., D/B/A Somma Mattress, and Frederick BrandauCourt of Appeals for the Ninth Circuit · 1991
- Ebrahimi v. EF Hutton & Co., Inc.Colorado Court of Appeals · 1989
- Insurance Consultants of America, Inc., Employee Pension Plan v. Southeastern Insurance GroupDistrict Court, D. New Jersey · 1990
- In Re WorldCom, Inc.United States Bankruptcy Court, S.D. New York · 2007
9 more not listed; retrieve them via the Exa API.