securities
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‘Puffery’ or illegal? State Supreme Court evaluates statements made by Denver energy corporation
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When Jagged Peak Energy Inc. began publicly selling shares of its stock in 2017, it allegedly misrepresented key aspects of its extraction operation to investors and overstated its ability to produce oil and gas. Now, the Colorado Supreme Court will decide whether the 8,000-person Oklahoma Police Pension and Retirement System may sue Denver-based Jagged Peak…
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State Supreme Court agrees to hear cases on right to counsel, company’s alleged misstatements
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The Colorado Supreme Court recently agreed to hear appeals in three cases that question the interpretation of federal protections for investors as well as the constitutional guarantee of legal representation for the criminally accused. While the court took a pass on a fourth case involving a business dispute in Arapahoe County, two members indicated they…
