Legal Opinion

Pharos Capital Partners, L.P. v. Deloitte & Touche, L.L.P.

District Court, S.D. Ohio

Decided October 26, 2012No. Case Nos. 2:03-md-1565, 2:03-cv-362PublishedCited by 13 opinions

1Opinion of the Court

OPINION AND ORDER

JAMES L. GRAHAM, District Judge.

Plaintiff Pharos Capital Partners, L.P. brings this action against defendant Credit Suisse Securities LLC for fraud in connection with a failed $12 million equity investment. In 2002 Pharos purchased preferred stock in'National Century Financial Enterprises, Inc. Credit Suisse acted as a co-placement agent on the stock offering, and, according to Pharos, should have told Pharos that National Century was not operating its business in a manner consistent with what was represented to Pharos.

Credit Suisse moves for summary judgment on the grounds…

2Cases cited74 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  4. Eastman Kodak Co. v. Image Technical Services, Inc.Supreme Court of the United States · 1992
  5. Lama Holding Co. v. Smith Barney Inc.New York Court of Appeals · 1996

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3Cited by13 opinions

  1. Peter Newberry v. Marc SilvermanCourt of Appeals for the Sixth Circuit · 2015
  2. Wells Fargo v. SmithOhio Court of Appeals · 2013
  3. Mulch Manufacturing Inc. v. Advanced Polymer Solutions, LLCDistrict Court, S.D. Ohio · 2013
  4. Borden v. Antonelli Coll.District Court, S.D. Ohio · 2018
  5. Adams v. Antonelli Coll.District Court, S.D. Ohio · 2018

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