Legal Opinion
Braintree Laboratories, Inc. v. Citigroup Global Markets, Inc.
District Court, D. Massachusetts
Decided December 22, 2009No. Civil Action 09-10601-NMGPublishedCited by 3 opinions
1Opinion of the Court
MEMORANDUM & ORDER
GORTON, District Judge.
Plaintiffs Braintree Laboratories, Inc. (“Braintree Labs”), Braintree Holdings and Braintree Real Estate Management Company, LLC (together, “plaintiffs”) bring suit against defendant Citigroup Global Markets Inc. (“CGMI”) for violation of federal and state securities laws in connection with the sale of auction-rate securities (“ARS”) to plaintiffs. 1 Plaintiffs allege that representatives of defendant made fraudulent statements and omissions and assert claims for 1) rescission and restitution under the Massachusetts Uniform Securities Act, M.G.L. c.…
2Cases cited11 opinions
- Shearson/American Express Inc. v. McMahonSupreme Court of the United States · 1987
- Preston v. FerrerSupreme Court of the United States · 2008
- Intergen N v. v. GrinaCourt of Appeals for the First Circuit · 2003
- Esso Standard Oil Co. v. Monroig-ZayasCourt of Appeals for the First Circuit · 2006
- Jason Bercovitch v. Baldwin School, Inc.Court of Appeals for the First Circuit · 1998
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3Cited by3 opinions
- Braintree Laboratories, Inc. v. Citigroup Global Markets Inc.Court of Appeals for the First Circuit · 2010
- Hayes v. CRGE Foxborough, LLCDistrict Court, D. Massachusetts · 2016
- City of Lowell v. ENEL NORTH AMERICA, INC.District Court, D. Massachusetts · 2010