United States Eighth Circuit

In an action brought by certain investors asserting violations of the Minnesota Consumer Fraud Act (MCFA) and claims of common law fraud and unjust enrichment, dismissal of plaintiffs' claims is affirmed where the investors failed to plead a sufficient causal nexus between their financial losses and the allegedly fraudulent actions of defendants.

Appellate Information

• Decided 02/22/2008
• Published 02/22/2008

Judges

• COLLOTON, Circuit Judge., Before WOLLMAN, BEAM, and COLLOTON, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Vernon Jay VanderWeide, argued, Minneapolis, MN, Thomas V. Seifert, Minneapolis, MN, and JOhn A. Cochrane, St Paul, MN, on the brief, for appellant.


• For Appellees:
  
• Larry Dale Espel, argued, Monte A. Mills, on the brief, Minneapolis, MN, for appellee Heller., James K. Langdon, II, argued, Andrew J. Heller, on the brief, Minneapolis, MN, for appellee Residential Funding.