Thursday, August 18, 2011

Seventh Circuit -- Anchor Bank, FSB v. Clark Hofer

Anchor Bank, FSB v. Clark Hofer

Inference of scienter sufficient to survive 9(b) where there is an accelerating synchronicity certain to affect the market.

To plead loss, plaintiff must merely contend that the deft is one plausible cause of loss.

Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.