United States Eighth Circuit

Tax-deferred annuities were securities covered by the Securities Litigation Uniform Standards Act of 1998, and claims concerning the marketing of the annuities were based on material misrepresentations and non-disclosures in the purchase or sale of a covered security, thus state law claims were preempted by the Act.

Appellate Information

• Decided 07/15/2002
• Published 07/15/2002

Judges

• LOKEN, Circuit Judge., Before LOKEN, Circuit Judge, GOLDBERG, Judge of the United States Court of International Trade, and KYLE, District Judge.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Robert B. Weintraub, argued, New York City (Daniel W. Krasner, Roger T. Stetson and Michael R. Reck, on the brief), for appellants.


• For Appellees:
  
• Patrick M. Roby, argued, Cedar Rapids, IA (Robert M. Hogg, James J. Rohn, John H. McKeon, Jr., Patricia M. Hamill, Robert D. Houghton, Nancy J. Penner, Stephen L. Ratner and Bruce M. Sabados, on the brief), for appellees.