In New York, fraud claims are frequently dismissed at the pleading stage unless they are alleged with specific, detailed facts. Courts require more than generalized accusations or hindsight disagreements over a deal gone wrong. To survive dismissal, fraud claims—especially fraudulent inducement and misrepresentation—must be pled with particularity and carefully distinguished from...
5 Ways NYC Businesses Can Avoid Fraudulent Misrepresentation Claims
When a business makes fraudulent statements, parties who relied on those statements to make financial or business decisions may be able to file a fraudulent misrepresentation claim. These claims can result in sizable fines and damage the fraudulent business’s reputation.
As a business owner in New York, here are...
Protecting Your Business: Types of Fraud to Look Out For
No matter how big or small your organization is or what industry you’re in, companies of all kinds and sizes face a common threat—business fraud. Scammers can cause serious harm and may even ruin your business permanently. Small businesses are especially vulnerable as they may not have the resources to withstand...