Southern District of New York Dismisses Multimillion Dollar Lawsuit Against Former Officers and Directors
The Cuddy & Feder litigation team of Joshua Kimerling and Brendan Goodhouse won a motion to dismiss on behalf of a group of former officers and directors of a biotech company in a multimillion-dollar lawsuit in the Southern District of New York. The plaintiff asserted that the individual officers and directors were personally liable for his alleged damages from what he claimed to be a fraudulent transaction. The Court dismissed the plaintiff’s claims against our clients holding that plaintiff had failed to establish the Court’s personal jurisdiction over the officers and directors.
The following materials, and all other materials on this website, are intended for informational purposes only, are not to be construed as either legal advice or as advertising by Cuddy & Feder LLP or any of its attorneys, and do not create an attorney-client relationship between you and Cuddy & Feder LLP. Please seek the advice of an attorney before relying on any information contained herein.