United States Second Circuit
Staeher v. The Hartford Fin. Svcs. Group, Inc., 063877
In an action brought by investors against defendant-financial group alleging that plaintiff-investors acquired defendant's stock at prices that were artificially inflated due to defendants' omissions, misrepresentations, and fraudulent concealment, dismissal of the complaint as time-barred is vacated and case is remanded where the district court erred in ruling that an investor of ordinary intelligence was on inquiry notice of defendant's allegedly fraudulent conduct by July 2001.
Appellate Information
- Decided 11/17/2008
- Published 11/17/2008
Judges
Court
- United States Second Circuit