Calder Factors Weigh In Favor Of Jurisdiction In Securities Suit, Panel Rules

Mealey's (January 10, 2020, 1:52 PM EST) -- ST. LOUIS — A federal district court erred in dismissing a securities fraud lawsuit stemming from a failed business relationship for lack of personal jurisdiction because two of the Calder v. Jones factors support a finding a personal jurisdiction, while the other three are “more neutral,” an Eighth Circuit U.S. Court of Appeals panel ruled Jan. 7 (Justin Whaley, et al. v. Jimmy Esebag, et al., No. 18-3236, 8th Cir., 2020 U.S. App. LEXIS 255)....