United States Fourth Circuit

Plaintiffs could not justifiably rely upon defendant's allegedly misstated representations used to pledge their corporate securities when they eschewed such reliance in signed releases, an attorney for plaintiff acknowledged suspicions about the representations but failed to inquire further, and nothing prevented plaintiffs from seeking more information.

Appellate Information

• Argued 06/04/2001
• Decided 08/27/2001
• Published 08/27/2001

Judges

• Before WILKINSON, Chief Judge, KING, Circuit Judge, and BEEZER, Senior Circuit Judge of the United States Court of Appeals for the Ninth Circuit, sitting by designation.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED:  Geoffrey P. Gitner, Law Offices of Geoffrey P. Gitner, Washington, DC, for Appellants. James Strother Crockett, Jr., Troutman, Sanders, Mays & Valentine, L.L.P., Richmond, VA;  Andrew David Levy, Brown, Goldstein & Levy, L.L.P., Baltimore, MD, for Appellees. ON BRIEF:  Stephen A. Northup, Robert A. Angle, Troutman, Sanders, Mays & Valentine, L.L.P., William G. Broaddus, Ronald M. Cherry, Erik C. Martini, McGuire Woods, L.L.P., Richmond, VA, Thomas M. Wood, IV, Neuberger, Quinn, Gielen, Rubin & Gibber, P.A., Baltimore, MD, for Appellees.