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State Supreme Court decides in favor of business in ‘fraud on market’ suit (access required)

by Amy Gillentine

Published: May 5,2009

Time posted: 11:16 am

Tags: class action suit, Farmers Insurance v. Benzing, Supreme court

The Colorado Supreme Court this week overturned a lower court's decision that would have made it easier to file class-action suits against businesses. The suit, Farmers Insurance Exchange v. Benzing, concerned a class action suit for "fraud on the market" under the Consumer Protection Act alleging that Farmers did not notify customers that purchasing uninsured motorist ...





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