Sentences with phrase «viable fraud claim»

Not exact matches

He successfully argued that foreign and domestic investors had asserted viable «holder claims» seeking to recover investment losses due to their retention of already - owned shares in reliance upon the fraud, which is believed to be the first ruling by a U.S. court sustaining such a theory under English common law.

And even if they had pleaded viable legal theories — which they have not — plaintiffs do not approach alleging their fraud - based claims with the particularity the rules require...