Legal Opinion
Brumbaugh v. Princeton Partners
Court of Appeals for the Fourth Circuit
Decided February 5, 1993No. Nos. 91-1682, 92-1909PublishedCited by 53 opinions
1Opinion of the Court
OPINION
WILKINSON, Circuit Judge:
This securities fraud suit poses the question of when a plaintiff is put on inquiry notice of alleged misrepresentations for purposes of starting a statutory limitations period. In 1982, Richard Brumbaugh purchased one unit in a limited partnership from Princeton Partners. The partnership was to own and operate commercial properties while creating tax losses to shelter the income of the limited partners. The IRS audited the partnership, however, and disallowed the tax deductions in a summary report dated October 28, 1988. Brum-baugh then filed this action on…
2Cases cited15 opinions
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Allen v. Westpoint-Pepperell, Inc.Court of Appeals for the Second Circuit · 1991
- 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
- Dr. D. W. NEWMAN Et Al., Appellees, v. Ferrell PRIOR, AppellantCourt of Appeals for the Fourth Circuit · 1975
- Fed. Sec. L. Rep. P 93,310 Joseph L. Maggio v. Gerard Freezer & Ice Co.Court of Appeals for the First Circuit · 1987
10 more not listed; retrieve them via the Exa API.
3Cited by53 opinions
- J. Geils Band Employee Benefit Plan v. Smith Barney Shearson, Inc.Court of Appeals for the First Circuit · 1996
- Teachers' Retirement System Of Louisiana v. HunterCourt of Appeals for the Fourth Circuit · 2007
- Cooke v. Manufactured Homes, Inc.Court of Appeals for the Fourth Circuit · 1993
- Betz v. Trainer Wortham & Co., Inc.Court of Appeals for the Ninth Circuit · 2007
- Jacobsen v. OliverDistrict Court, District of Columbia · 2002
48 more not listed; retrieve them via the Exa API.