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Barron Partners, LP v. Lab123, Inc., No. 07-CV-11135, 2009 WL 129043 (S.D.N.Y. Jan. 20, 2009).

Case Conclusion Date: 01.20.2009

Practice Area: Securities and investment fraud

Outcome: Mr. Rich, on the hedge fund's behalf, successfully moved to dismiss, for failure to state a claim, the sellers' fraud and negligent misrepresentation counterclaims.

Description: A hedge fund's securities fraud action alleging that the seller entities deceitfully induced it to invest in a new public company.

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