Legal Opinion

Cilp Associates, L.P. v. Pricewaterhouse Coopers LLP

Court of Appeals for the Second Circuit

Decided November 8, 2013No. Nos. 11-4904-cv, 11-5106-cv, 11-4905-cv, 11-5104-cvPublishedCited by 301 opinions

1Opinion of the Court

LOHIER, Circuit Judge:

This appeal arises from the collapse of the hedge fund Lipper Convertibles, L.P. The plaintiffs appeal from the District Court’s grant of summary judgment on their federal claims against Lipper Convertibles’ auditor, PricewaterhouseCoopers LLP (“PwC”), under Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), as well as their state law claims of fraud and negligent misrepresentation. With respect to the Section 10(b) claims, we conclude that there is a genuine dispute as to whether the plaintiffs suffered a direct injury at the time of investment…

2Cases cited13 opinions

  1. Bankers Trust Company v. Daniel Rhoades, Herman Soifer and Milton BratenCourt of Appeals for the Second Circuit · 1988
  2. Vivenzio v. City of SyracuseCourt of Appeals for the Second Circuit · 2010
  3. New Orleans Employees' Retirement System v. Omnicom Group, Inc.Court of Appeals for the Second Circuit · 2010
  4. Cordiano v. Metacon Gun Club, Inc.Court of Appeals for the Second Circuit · 2009
  5. Harold DRACHMAN and Claire Drachman, Plaintiffs-Appellants, v. Lawrence A. HARVEY Et Al., Defendants-AppelleesCourt of Appeals for the Second Circuit · 1972

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3Cited by301 opinions

  1. Darnell v. City of New YorkCourt of Appeals for the Second Circuit · 2017
  2. Kwan v. The Andalex Group LLCCourt of Appeals for the Second Circuit · 2013
  3. Baity v. KralikDistrict Court, S.D. New York · 2014
  4. Guardian Life Insurance v. GilmoreDistrict Court, S.D. New York · 2014
  5. McKinney v. City of MiddletownCourt of Appeals for the Second Circuit · 2022

296 more not listed; retrieve them via the Exa API.

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