Guenther v. Cooper Life Sciences, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• concluding that auditor owed duty under Minnesota law to plaintiffs as member of \clearly defined group\ consisting generally of \potential investors\
• concluding that auditor owed duty under Minnesota law to plaintiffs as member of “clearly defined group” consisting generally of “potential investors”
• relying on Krim and holding there is a higher pleading standard for Section 11 standing
• accountants knew that audit report would be placed in prospectus for public offering and had expressly consented to its inclusion
• accountants knew that audit report would be placed in prospectus for public offering and had expressly consented to its inclusion
• “Where a group is identifiable, accountants and other information providers' are not relieved of liability merely because the group of people whom they intend to influence with their information is too large.”

Source: CourtListener parenthetical corpus (CC0).