NORTON v. LEADVILLE CORP.

No. 79CA0438.

610 P.2d 1348 (1980)

Charles W. NORTON, and Ruby W. Norton; Charles W. and Ruby W. Norton, Inc., and Iowa Corporation; Investment Securities Company, an Iowa Corporation; William B. Norton, Individually, and as Custodian for Bradley L. Norton; Florence N. Bates, and Leslie W. Bates; Lucille Yedlik, and Edwin G. Yedlik; Charles Wesley Norton and Macine M. Norton; Carl J. Mealy, and Alice N. Mealy; Harold D. Norton, and Brenda S. Norton; Miriam N. Baumann, and Robert W. Baumann, Plaintiffs-Appellants, v. LEADVILLE CORPORATION, a Colorado Corporation, Defendant-Appellee.

Colorado Court of Appeals, Div. II.

Rehearing Denied February 21, 1980.

Certiorari Denied May 19, 1980.


Attorney(s) appearing for the Case

Gorsuch, Kirgis, Campbell, Walker & Grover, Stephen Klein, David S. Steefel, Denver, for plaintiffs-appellants.

Cosgriff, Dunn & French, Timothy H. Berry, Peter Cosgriff, Leadville, for defendant-appellee.


PIERCE, Judge.

Plaintiffs appeal the granting of defendant Leadville Corporation's motion for summary judgment in plaintiffs' action for violations of federal and state securities laws and for common law fraud. We affirm in part and reverse in part.

From 1971 to 1974 plaintiffs acquired in excess of 160,000 shares of stock in Leadville. As a result of these acquisitions and loans made by plaintiffs to Leadville, plaintiff Charles Norton was elected to Leadville...

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