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