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STEWART v. ESTATE OF STEINER

No. 52416-0-I.

93 P.3d 919 (2004)

122 Wash.App. 258

Glenn STEWART, an individual, Appellant, v. The ESTATE OF George STEINER and Jane Doe Steiner; Prudential Securities, Inc., a Delaware corporation; Locate Networks, Inc., a Washington corporation; Michael Crowson and Jane Doe Crowson, husband and wife, Respondents.

Court of Appeals of Washington, Division 1.

July 6, 2004.

Attorney(s) appearing for the Case

William Robert Spurr, Seattle, WA, for Appellant.

David D. Hoff, Toby James Marshall, Tousley Brain Stephens PLLC, Seattle, WA, for The Estate of George Steiner and Jane Doe Steiner.

James L. Robart, Matthew J. Macario, Lane Powell Spears Lubersky LLP, Seattle, WA, for Respondent Prudential Securities, Inc.

Jerret E. Sale, Deborah Lynn Carstens, Bullivant Houser Bailey PC, Seattle, WA, for Locate Networks, Inc., Michael Crowson and Jane Doe Crowson.

COX, C.J.

A purchaser of securities establishes liability for violation of the Washington State Securities Act ("WSSA") by proving that the seller and/or others made material misrepresentations or omissions and the purchaser relied on those misrepresentations or omissions.1 But such a purchaser may be unable to establish reliance by having agreed, in writing, in advance of the sale that he or she relied solely on specified written materials...

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