Legal Opinion

Jon Arne Toft and Viral Kothari, individually and on behalf of all others similarly situated v. Harbor Diversified, Inc., Christine R. Deister, Liam Mackay, and Gregg Garvey

District Court, E.D. Wisconsin

Decided December 3, 2025No. 1:24-cv-00556Unknown

1Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF WISCONSIN JON ARNE TOFT and VIRAL KOTHARI, individually and on behalf of all others similarly situated, Plaintiffs, v. Case No. 24-C-556 HARBOR DIVERSIFIED, INC., CHRISTINE R. DEISTER, LIAM MACKAY, and GREGG GARVEY, Defendants. DECISION AND ORDER ON PARTIES’ MOTIONS FOR SANCTIONS This is a private securities fraud action that is nearing its end of life—at least in this court. On January 31, 2025, the court dismissed Lead Plaintiff Jon Arne Toft’s First Amended Complaint (FAC) for failure to state a claim upon which relief can be granted.…

2Cases cited33 opinions

  1. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  2. Cooter & Gell v. Hartmarx Corp.Supreme Court of the United States · 1990
  3. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  4. Business Guides, Inc. v. Chromatic Communications Enterprises, Inc.Supreme Court of the United States · 1991
  5. Merrill Lynch, Pierce, Fenner & Smith Inc. v. DabitSupreme Court of the United States · 2006

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API