A party with unique or special expertise may have a duty to disclose information within that expertise to other parties with whom it deals.
By Sarah G. Anderson
A securities investor cannot assert a cause of action for fraud or negligent misrepresentation, based on the failure to disclose certain information,
Dkt. No. 13-317 (U.S., 6/23/14). Class Actions, Effects of (Certification) * Reliance/Transaction Causation (“Fraud on the Market” Theory) * Evidentiary Standards (Proving “Absence of Price Impact”) * Discovery Issues * 1934 Act (Rule 10b-5) * FRCP (Rule 23).