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01:16 May 9, 2009 |
English to Dutch translations [PRO] Law/Patents - Law (general) / securities USA, Complaint | |||||||
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| Selected response from: Ron Willems Netherlands Local time: 08:24 | ||||||
Grading comment
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Summary of answers provided | ||||
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3 | Dit ten laste gelegde feit heeft geen betrekking op fraude |
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This Count does not sound in fraud Dit ten laste gelegde feit heeft geen betrekking op fraude Explanation: zo te zien aan de twee onderstaande voorbeelden, is het zoiets: gebaseerd zijn op, betrekking hebben op, betreffen... A complaint alleging fraud must provide "the who, what, when, where, and how . . . A claim that sounds in fraud - in other words, one that is premised upon a course of fraudulent conduct - can implicate Rule 9(b)'s heightened pleading requirements." (internal cites and quotes omitted). http://overregd.lindquist.com/2007/02/articles/litigation-tr... Therefore, if a Section 11 or Section 12(a)(2) claim sounds in fraud (for example, "the registration statement was inaccurate and misleading" or "the prospectus or registration statement contained untrue statements of material facts" or "materially false and misleading statements were made"), the Second Circuit requires the plaintiff to: (1) specify the statements that the plaintiff contends were fraudulent; (2) identify the speaker; (3) state whether and when the statements were made; and (4) explain why the statements were fraudulent. http://www.omm.com/newsroom/publication.aspx?pub=438 |
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