Roche v. Royal Bank
Court of Appeals for the First Circuit
1Opinion of the Court
LYNCH, Circuit Judge.
The plaintiffs, Boston-area businessmen John Roche and Mark DiRieo, invested in a fish farm in Prince Edward Island, Canada. The venture failed, and they sued the court-appointed receiver which sold them the farm and the bank which had originally financed the project. A jury found against plaintiffs on their claims of common law fraud and misrepresentation for failure to meet their burden of showing proximate cause. The district court, initially finding plaintiffs’ allegations actionable under Mass. Gen. Laws ch. 93A (“chapter 93A”), found after trial that defendants had…
2Cases cited13 opinions
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