United States Eighth Circuit

Participants in a Common Stock Purchase Agreement failed to show that the nondisclosure of a waiver of certain provisions of that Agreement was a proximate cause of their investment losses. The investors also failed to show that they exercised reasonable diligence warranting equitable tolling of the six-year statute of limitations specified by Minnesota Statute section 541.05.

Appellate Information

• Decided 12/29/2008
• Published 12/29/2008

Judges

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

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Mark J. Kallenbach, argued, Minneapolis, MN, for Appellant.


• For Appellees:
  
• Charles Edwin Jones, argued, John J. McDonald, Jr. and Katherine A. McBride, on the brief, Minneapolis, MN, for Appellee.