Thornton v. People

We granted certiorari to consider the decision of the court of appeals in People v. Thornton, 712 P.2d 1095 (Colo.App.1985), which affirmed the conviction of the defendant, Thomas P. Thornton, on six counts of securities fraud. Subsequent to our order granting certiorari, the People, relying on our opinion in People v. Riley, 708 P.2d 1359 (Colo.1985), have confessed error in this case. The People’s confession of error is based on the trial court’s instruction to the jury that good faith is not a defense to the charge of securities fraud. Although the defendant did not petition this court for…