Business, 22.02.2021 20:00 thebasedgodchri
Jack Thomas, who live in Minnesota, and Sandy Silver, who live in Oklahoma, each purchased $92,000 worth of securities at the local offices in their home states from Comprehensive Financial Stockbrokers, Inc. Comprehensive is incorporated in Maryland with its principal place of business in Minnesota. Jack and Sandy feel they were a victim of fraud perpetrated by Comprehensive and would like to sue. These two cases deal only with state issues. Discuss the accuracy of the following statements:
a. Thomas is able to sue Comprehensive in a Minnesota state trial court. Please explain.
b. Thomas can sue Comprehensive in a federal district court in Minnesota. Please explain.
c. Silver can sue Comprehensive in an Oklahoma federal district court. Please explain.
Answers: 3
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Jack Thomas, who live in Minnesota, and Sandy Silver, who live in Oklahoma, each purchased $92,000 w...
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