Mimi Investors, LLC v. Tufano, P., Pets
This text of Mimi Investors, LLC v. Tufano, P., Pets (Mimi Investors, LLC v. Tufano, P., Pets) is published on Counsel Stack Legal Research, covering Supreme Court of Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
IN THE SUPREME COURT OF PENNSYLVANIA MIDDLE DISTRICT
MIMI INVESTORS, LLC, : No. 641 MAL 2021 : Respondent : : Petition for Allowance of Appeal : from the Order of the Superior Court v. : : : PAUL K. TUFANO, DAVID CROCKER, : DENNIS CRONIN, AND NEIL MATHESON, : : Petitioners :
ORDER
PER CURIAM
AND NOW, this 26th day of April, 2022, the Petition for Allowance of Appeal is
GRANTED, LIMITED TO the issue set forth below. Allocatur is DENIED as to all
remaining issues. The issue, rephrased for clarity, is:
(1) Whether the Pennsylvania Securities Act of 1972 requires a plaintiff to plead and prove scienter by clear and convincing evidence in connection with an alleged violation of 70 P.L. § 1-401 regulating the purchase and sale of securities in the Commonwealth, and if so, did plaintiff-appellee sufficiently plead its fraud-based claims in its first amended complaint[?]
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