McCraw v. Stapp

Plaintiffs commenced a fraud action against defendants on March 17, 1983. The action arose out of their purchase of an interest in an apartment building from a third party. The court granted defendants’ motion for summary judgment on the ground that the two year Statute of Limitations had run and dismissed plaintiffs’ complaint with prejudice. Plaintiffs appeal. ORS 12.110(1). We reverse.1

Plaintiffs allege three claims for relief, which we summarize:(1) Defendant William Stapp (Stapp), acting as plaintiffs’ investment advisor and real estate broker, made fraudulent representations that…