by Wiggin and Dana LLP | Sep 15, 2019
On June 24, 2013, the Second Circuit Court of Appeals affirmed a summary judgment decision by the U.S. District Court for the District of Connecticut holding that the Connecticut Franchise Act (“CFA”) did not apply to the relationship between an insurance...
by Wiggin and Dana LLP | Sep 15, 2019
In a case that should provide a cautionary tale to business owners and high-level managers, the United States Court of Appeals for the Second Circuit recently affirmed a ruling finding John Catsimatidis, the CEO and owner of New York-area grocery chain...
by Wiggin and Dana LLP | Sep 15, 2019
Last week, the U.S. Court of Appeals for the Second Circuit limited the reach of criminal prosecutors in cases involving foreign securities and foreign transactions, providing defense counsel with ammunition to challenge such prosecutions. The court’s holding...
by Wiggin and Dana LLP | Sep 15, 2019
On September 18, 2013, the Securities and Exchange Commission charged Shadron L. Stastney with breaching his fiduciary duty to the hedge fund he advised by engineering an undisclosed principal transaction in which he had a financial conflict of interest, thereby...
by Wiggin and Dana LLP | Sep 15, 2019
In August 2013, the Third Circuit Court of Appeals issued two opinions reversing district court certification of consumer classes because the plaintiffs in each case had failed to present a viable way of demonstrating that each proposed class member had purchased the...