Dismissal Of State Law Claims In Market Manipulation Suit Overturned On Appeal

Mealey's (August 15, 2019, 2:15 PM EDT) -- NEW YORK — A federal district court erred in dismissing state law claims in a market manipulation suit filed by former customers of a bankrupt broker-dealer because it incorrectly held that the former customers failed to plead damages, a Second Circuit U.S. Court of Appeals panel ruled in an Aug. 13 summary order (Mohammed Fezzani, et al. v. Isaac R. Dweck, et al., No. 18-1354, 2nd Cir., 2019 U.S. App. LEXIS 24015)....