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Plaintiff was also allegedly presented an alternative to the cash call—selling NYCANNA to High Street Plaintiff and the other NAD members approved the transaction allegedly based upon defendants’ representations

The Insurance Agreements provided that the sole remedy for a breach of the representations and warranties and found that approximately 7,900 out of 8,800 that were reviewed contained material breaches of the representations With respect to Ambac’s claims alleging breaches of the representations and warranties, the court found avoid the consequences of the sole remedy provision by relying on what it terms ‘transaction-level’ representations Noting that the Court “recently affirmed this requirement,” the Court reiterated that a false representation

reading of the record that had Eisenbach not been discontinued from the action based upon inaccurate representations

It is also important to hire attorneys able to understand and protect the rights of whistleblowers whose

First, the settlement evinces the continued effort by the SEC to root out corporate efforts to chill whistleblowing “Threat of financial punishment for whistleblowing is unacceptable,” said Jane Norberg, Acting Chief of the SEC’s Office of the Whistleblower, in the AB InBev announcement. 

Whistleblower Lawsuit Some of the allegations resolved by the settlements were included in a whistleblower As a result of the settlement, Bozzelli will receive over $9 million as a whistleblower award. Under the False Claims Act, a whistleblower can sue on behalf of the government and share in any recovery

agreement.” 26 This was so, noted the motion court, because “each side consented to the simultaneous representation

Court held that plaintiff adequately stated a claim for fraudulent inducement because Gregory made two representations exercised “ordinary intelligence” in ascertaining “the truth or the real quality of the subject of the representation , and that defendants did not make any representations, other than those specifically identified in the The court explained that “IDMB not demonstrate how its reliance on any representation could be reasonable sensitive one, the courts are clear that failing to conduct any investigation into the veracity of a representation

The Court held that the foregoing facts presented factual issues as to whether the funds were intended 10 Defendant also observed that the notes contained no merger clause precluding proof of the oral representations

These representations and warranties induced LBH Holdings and LBH Holdco to enter into the Purchase Agreement

Upon learning of this representation, Royal’s attorneys wrote to FINRA, which, at Royal’s request, referred The Chair responded that he did not believe his long-ago representation biased him in the pending arbitration

force, implemented an array of investigatory techniques (such as data mining), and relied on tips from whistleblowers