Allison Wuertz

Allison Wuertz

Katten Muchin Rosenman LLP

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Sixth Circuit Rejects Claim Preclusion Where Fraudulent Conduct Concealed in a Prior Action

The US Court of Appeals for the Sixth Circuit recently reversed a district court’s decision to dismiss a complaint based on claim preclusion. In its complaint, Venture Global Engineering (VGE) alleged that Satyam Computer...more

9/25/2013 - Claim Preclusion Fraud

Second Circuit Affirms Judgment that SLUSA Precludes Madoff-Related Claims

The US Court of Appeals for the Second Circuit affirmed the district court’s dismissal of two class action suits by European investors on behalf of all investors in certain funds (Funds), against JPMorgan Chase & Co....more

9/25/2013 - Bernie Madoff Fraud Investment Funds Investors JPMorgan Chase Ponzi Scheme SLUSA

Second Circuit Affirms Dismissal of Madoff Trustee’s Common Law Claims

The US Court of Appeals for the Second Circuit affirmed the district court’s dismissal of common law claims brought by Irving H. Picard (Trustee), trustee for Bernard L. Madoff Investment Securities (BLMIS), against several...more

7/2/2013 - Bernie Madoff Dismissals Fraud Ponzi Scheme SIPA Trustees

Eleventh Circuit Holds that Net Revenue, Not Profits, Should Determine Damages in FTC Deceptive Marketing Case

The US Court of Appeals for the Eleventh Circuit recently affirmed a judgment against three individual defendants finding that the district court correctly used net revenue to calculate damages. Defendant-appellants were...more

1/31/2013 - Damages Foreclosure Fraud FTC Marketing Mortgages Net Revenue Unfair or Deceptive Trade Practices

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