securities act
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Appeals court clarifies attorneys may ‘borrow’ allegations from other litigation when filing suit
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Colorado’s second-highest court on Thursday made it easier for plaintiffs to bolster their civil claims, concluding attorneys are not forbidden from using allegations in other litigation in their own complaints. Under Colorado’s rules for civil cases, attorneys must attest that the complaints they file are well-grounded in fact to the best of their “knowledge, information, and…
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By 5-2, state Supreme Court green-lights investors’ lawsuit against Denver energy company
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In a divided ruling on Monday, the Colorado Supreme Court permitted a pension plan for law enforcement to sue a Denver-based oil and gas company for allegedly misleading investors in violation of a Depression-era law designed to prevent fraud. The question for the state’s highest court was whether Jagged Peak Energy Inc. would be held…
