(Download) "Goss v. Clutch Exchange Inc." by In the Intermediate Court of Appeals of the State of Hawaii # eBook PDF Kindle ePub Free
eBook details
- Title: Goss v. Clutch Exchange Inc.
- Author : In the Intermediate Court of Appeals of the State of Hawaii
- Release Date : January 10, 1985
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 57 KB
Description
We granted certiorari to review jury instructions defining a "material fact" within the context of section 11-51-125(1) of the Colorado Securities Act. The court of appeals held that a factual omission or misrepresentation is material within the meaning of section 11-51-125 (1) if it is such that a reasonable investor "might" consider it important in making an investment decision. Goss v. Clutch Exchange, Inc., 677 P.2d 355 (Colo. App. 1983). We conclude that, although the case was correctly remanded to the district court for a new trial with directions as to the instructions that were to be given to the jury, the court of appeals adopted an incorrect standard of materiality as applied to omissions and misrepresentations arising in connection with transactions governed by the Colorado Securities Act. Accordingly, we affirm the court of appeals reversal of the district courts judgment and remand with directions.
 "Goss v. Clutch Exchange Inc." by In the Intermediate Court of Appeals of the State of Hawaii # eBook PDF Kindle ePub Free){kind=link}