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STATE v. MARSH & MCLENNAN COMPANIES, INC.

050808454, A139453.

346 P.3d 504 (2015)

269 Or. App. 31

STATE of Oregon, acting by and through the OREGON STATE TREASURER, and the Oregon Public Employee Retirement Board, on behalf of the Oregon Public Employee Retirement Fund, Plaintiff-Appellant, v. MARSH & McLENNAN COMPANIES, INC. and Marsh, Inc., Defendants-Respondents, and Jeffrey GREENBERG and Ray Groves, Defendants.

Court of Appeals of Oregon.

Argued on remand September 30, 2014.

February 11, 2015.

Attorney(s) appearing for the Case

Joshua L. Ross , Portland, argued the cause for appellant. With him on the briefs were Scott A. Shorr and Keith A. Ketterling , Special Assistant Attorneys General; and Stoll Stoll Berne Lokting & Shlachter P.C. With him on the supplemental briefs on remand were Frederick M. Boss , Deputy Attorney General, Anna M. Joyce , Solicitor General, Denise G. Fjordbeck , Attorney-in-Charge, Civil/Administrative Appeals, Matthew J. Lysne , Senior Assistant Attorney General; Keith A. Ketterling , Keith S. Dubanevich , Scott A. Shorr , Special Assistant Attorneys General; and Stoll Stoll Berne Lokting & Shlachter P.C.

James T. McDermott , Portland, argued the cause for respondents. With him on the briefs were Dwain M. Clifford and Ball Janik LLP. With him on the supplemental briefs on remand was Dwain M. Clifford.

Before DUNCAN, Presiding Judge, and ARMSTRONG, Judge, and SCHUMAN, Senior Judge.

In State Treasurer v. Marsh & McLennan Companies, Inc., 241 Or.App. 107, 250 P.3d 371 (2011) (Marsh I), we held that a stock purchaser seeking to recover under ORS 59.137 for securities law violations...

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