New York's Highest Court Considers Investors' Rights to Recover Losses for Negligence and Breach of Contract

Stockbroker Law - Monday, August 01, 2011
New York's Highest Court Considers Investors' Rights to Recover Losses for Negligence and Breach of Contract

In the pending appeal of Assured Guaranty v. J.P. Morgan, Inc., the Appellant, J.P. Morgan, is seeking a court determination that investors are preempted from and otherwise prevented from pursuing claims for non-fraud civil causes of action such as negligence, breach of contract, and breach of fiduciary duty.  The Public Investors Bar Association has submitted a Brief Amicus Curiae in opposition to the Appellant’s position, and it is anticipated that J.P. Morgan will be unsuccessful on its appeal. 

Recent

Blog Posts

Blog Post

Archive

Investment & Broker
Misconduct

Investment Misconduct

Whistleblowers
 

Whistleblowers

Private Company
Disputes

Private Company Disputes

Personal
Injury

Personal Injury