Tag Archives: breach of fiduciary duty

Traders “Going Rogue” Redux

In connection with volatile stock markets, Warren Buffett once said, “It’s only when the tide goes out that you learn who’s been swimming naked.” One would expect to see some naked swimmers, i.e. traders who are suffering huge losses, when … Continue reading

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N.Y. Martin Act Does Not Bar Investors From Asserting Common Law Claims

Photo by Chmee2 located at http://commons.wikimedia.org/wiki/File:Giant%27s_Causeway_(14).JPG New York General Business Law, Art. 23-A, §§352-359, commonly referred to as the “Martin Act” provides the New York Attorney General with the authority to file civil or criminal charges for fraud in connection … Continue reading

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