Lesko v. State ex rel. Secretary of the Department of Transportation

How courts have described this case

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

• holding that economic loss rule barred negligence claim brought by investors against investment program administrators
• holding that economic loss rule barred negligence claim brought by investors against investment program administrators
• holding that the duty of care was contained in contractual provisions
• noting that the focus in an analysis under the economic loss rule is on the source of the duties alleged to have been breached
• applying economic loss rule to claims that cattle investment program was designed and run improperly resulting in “less than a specified rate of return”
• distinguishing Cooley on ground that in the present case, “[Respondents undertook to provide no services outside the scope of their contractual duties” and “did not provide any services . . . that they were not already required to provide by the terms of the contracts”

Source: CourtListener parenthetical corpus (CC0).