Trimble v. American Savings Life Insurance

How courts have described this case

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

• holding that “there is no need to investigate whether an omission or misstatement was actually significant to a particular buyer”
• holding that reliance is not an element of § 44-1991
• finding that statutes of limitations do not run against the state when it initiates an action
• “Proof of each plaintiffs reliance on the misrepresentations or omissions is not a prerequisite to recovery ... [I]f omissions or nondisclosures meet the standards of materiality to a reasonable investor, causation and reliance can be assumed.”

Source: CourtListener parenthetical corpus (CC0).