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NORAM INV. SERV. v. STIRTZ BERNARDS BOYDEN

No. C5-99-2162.

611 N.W.2d 372 (2000)

NORAM INVESTMENT SERVICES, INC., f/k/a Equity Securities Trading Company, Inc., Appellant, v. STIRTZ BERNARDS BOYDEN SURDEL & LARTER, P.A., Respondent, and Stirtz Bernards Boyden Surdel & Larter, P.A., Third-Party Plaintiff, v. Global Financial Group, Inc., a Colorado Corporation, et al., Third-Party Defendants.

Court of Appeals of Minnesota.

June 6, 2000.

Attorney(s) appearing for the Case

Vincent D. Louwagie, Karlyn Vegoe Boraas, Fruth & Anthony, P.A., Minneapolis, for appellant.

Thomas J. Shroyer, Peter A. Koller, Mathew M. Meyer, Moss & Barnett, P.A., Minneapolis, for respondent.

Richard L. Klein, Willkie Farr & Gallagher, New York City, and Dale M. Wagner, Bassford, Lockhart, Truesdell & Briggs, P.A., Minneapolis, for amicus curiae American Institute of Certified Public Accountants.

Considered and decided by HARTEN, Presiding Judge, WILLIS, Judge, and SHUMAKER, Judge.

OPINION

HARTEN, Judge

Appellant, a securities broker, alleges that the district court erred in granting respondent, an accountant, summary judgment on appellant's claim for negligent misrepresentation. Because we conclude that respondent is not liable to appellant, we affirm.

FACTS

Equisure, Inc., was required to file audited financial statements when it applied to have its stock listed on the...

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