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Home / Opinion Digests / Business Law / Contract – Release – Fraud Claim – Stock Sale (access required)

Contract – Release – Fraud Claim – Stock Sale (access required)

A Fairfax Circuit Court says a trust that sold its majority interest in an IT company to defendant NISC Holdings, in exchange for $1.425 million, company stock and a seat on the board of directors, cannot later sue NISC for fraud in its settlement of a dispute between the parties that forced a stock sale, ...

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