Marram v. Kobrick Offshore Fund, Ltd.

Hinkle, Margaret R., J.

This case involves claims by the Geo-Centers, Inc. Profit Sharing Plan & Trust (the “Plan”) against the Kobrick Offshore Fund, Ltd. (the “Offshore Fund” or the “Fund”), Kobrick Capital Management, LLC, and Frederick Kobrick (“Kobrick”), involving the Plan’s $2 million investment in the Fund.

*453In its amended complaint, the Plan asserted claims under the Uniform Securities Act, M.G.L.c. 110A, §410(a) (2), for misrepresentation. It also alleged negligent misrepresentation and breach of Chapter 93A, §11.1 Before trial, the Plan dismissed its negligent misrepresentation claim.…