Legal Opinion
Griffin v. Capital Securities of America, Inc.
Colorado Court of Appeals
Decided September 30, 2010No. 09CA1659PublishedCited by 4 opinions
1Opinion of the Court
Opinion by
Judge WEBB.
This case involves remedies available to Jefferson County based on its purchase of unrated collateralized mortgage obligations (CMOs) from defendants, Capital Securities of America, Inc., Jerry Manning, and Adam *973Alves (Capital Securities). Plaintiffs, Faye Griffin in her official capacity as the Treasurer, and the Board of County Commissioners, of Jefferson County (Jefferson County), sued Capital Securities for damages on the basis that because the CMOs were unrated, the sale violated section 24-75-601.1, C.R.S.2010. According- to Capital Securities, section 24-75-601.1…
2Cases cited46 opinions
- Duncan v. WalkerSupreme Court of the United States · 2001
- English v. General Electric Co.Supreme Court of the United States · 1990
- Maryland v. LouisianaSupreme Court of the United States · 1981
- City of Rancho Palos Verdes v. AbramsSupreme Court of the United States · 2005
- Vigil v. FranklinSupreme Court of Colorado · 2004
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3Cited by4 opinions
- Childs v. UNIFIED LIFE INSURANCE COMPANYDistrict Court, N.D. Oklahoma · 2011
- Colorado Special Districts Property & Liability Pool v. LyonsColorado Court of Appeals · 2012
- Timm v. Prudential Insurance Co. of AmericaColorado Court of Appeals · 2011
- Capital Securities of America, Inc. v. GriffinSupreme Court of Colorado · 2012