United States Eighth Circuit

In a suit resulting from a lock-up agreement entered into before an IPO, plaintiffs' negligent misrepresentation and fraud claims are dismissed where neither plaintiff satisfied the required element of reasonable reliance.

Appellate Information

• Decided 09/09/2004
• Published 09/09/2004

Judges

• SMITH, Circuit Judge., Before MURPHY, SMITH, and COLLOTON, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Kenneth R. White, argued, Mankato, MN (Kevin O'C. Green of Mankato, MN, on the brief), for appellant.


• For Appellees:
  
• Todd A. Noteboom, argued, Minneapolis, MN (Monica L. Davies, on the brief), for appellee FirePond., Kerry L. Bundy, argued, Minneapolis, MN (Karen E. Wilson and Lianne Knych, on the brief), for appellee Robertson Stephens, Inc.