Fraud Notes: Scienter and The Failure to Allege Falsity
- Mar 5 2020
Many cases involving an alleged fraud typically rise and fall on the reliance element of the cause of action. Sometimes, the issue before the court is the state of mind …
Category: Omission
Fraudulent Concealment and the Failure to Allege a Duty to Disclose
- Jul 25 2019
On July 18, 2019, Justice Joel M. Cohen of the Supreme Court, New York County, Commercial Division, decided Shyer v. Shyer, 2019 N.Y. Slip Op. 32138(U) (Sup. Ct., N.Y. County …
Post Cyan, New York State Court Dismisses Action Under the Securities Act of 1933
- Jul 24 2019
Following the stock market crash in 1929, Congress enacted the Securities Act of 1933 (the “1933 Act”) and the Securities and Exchange Act of 1934 (the “1934 Act”). Cyan, Inc. …
