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522 results found for "loss-causation"
- Plaintiff’s Reliance on Third Party Insufficient to Establish Reliance Element of a Fraud Claim
In the less frequent case, the misrepresentation of fact is made to a third party that relied on the
- “Can I Sue ‘em For My Legal Fees?”
years after executing the lease plaintiff had not yet began construction to open for business – much less The referee to whom the matter of damage calculation was referred, found that no damages for lost profit First, the Court determined that tenant failed to “sustain its burden of demonstrating lost profits with
- REVIVE A TIME-BARRED CLAIM USING § 17-101 OF NEW YORK’S GENERAL OBLIGATIONS LAW
the expiration of the statutory period because the law presumes that by that time evidence has been lost Such prejudice would commonly result, for example, where critical evidence is lost or where the facts Even if this recital of a repayment obligation that is current and increasing with time is something less renew the running of the statute of limitations, thus making this action timely, as it was commenced less
- SEC Enforcement News: Protection of the Retail Investor
recommendations to investors, “churned” accounts, and made unauthorized trades that resulted in substantial losses
- Credit Suisse Hit with Two Class Action Lawsuits
undisclosed, "violated Credit Suisse’s represented risk protocols and rendered the Bank highly susceptible to losses
- Enforcement News: SEC Charges Entertainment Company and Affiliated Individuals with Illegal Boiler Room Tactics in Connection With $14 Million Offering
inception in October 2016 through May 2020, Vuuzle’s U.S. bank account reflected total business revenue of less Vuuzle and Flynn were aided and abetted by Richard Marchitto (“Marchitto”), a former dentist who had lost
- THE APPELLATE DIVISION, SECOND DEPARTMENT, ADDRESSES BUYER’S SPECIFIC PERFORMANCE CLAIM UNDER A REAL ESTATE CONTRACT IN THE FACE OF SELLER’S INABILITY TO CONVEY GOOD TITLE
with seller, she was “advising her clients not to execute the surrender agreements because they would lose
- Under One Silo: Fraudulent Inducement, Fraudulent Conveyance and Violation of GBL § 349
for the trier of fact to decide”: Hollander’s name was on the dissolution documents which were filed less
- To Form An Llc, Or Not To Form An Llc; That Is The Question
corporation,” and commonly called an “S-Corp.”) is a corporation that elects to pass corporate income, losses Shareholders of an S-Corp. report the flow-through of income and losses on their personal tax returns sometimes called a “C-Corp.”) is a standard corporation that conducts business, realizes net income or loss Shareholders cannot deduct any of the corporation’s losses. Instead, the LLC’s members will be taxed for the company’s profits and losses – that is the LLC receives
- SEC Puts the Brakes on COVID-19-Related Pump-and-Dump Scheme
Typically, after the promoters’ profit from their sales, the stock price drops, and the remaining investors lose
- First Department Unanimously Affirms Denial of Motion to Compel Arbitration and Motion to Dismiss Fraud Claims
Consequently, BML lost its investment in Baha Mar, or approximately $845 million, as well as its expected The former sought damages “for the loss of mitigation expenses and further investment efforts,” while
- Fraud Notes: Fraudulent Inducement With Duplication on Top
The motion court granted the motion, holding that plaintiff “failed to allege, much less with the particularity
