This case takes place in the Supreme Court of Washington. This is a state court case. It is a civil case, appealed by the defendants, from the court of appeals decision. The Court of Appeals reversed the trial court’s decision. The Supreme Court affirmed the decision of the Court of Appeals. This case was decided in 2014.
Issue: Did the Court of Appeals err in determining that plaintiffs may hold Tremont Group Holding liable on Washington state securities act negligence and negligent misrepresentation?
Facts: FutureSelect Portfolio Management Inc., is headquartered in Washington and manages a number of investment funds.Tremont Partners Inc. is the