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Home / Opinion Digests / Investment Company Counterclaim Too ‘Vague’ (access required)

Investment Company Counterclaim Too ‘Vague’ (access required)

In plaintiff investors’ suit alleging fraud and seeking the return of over $4 million they invested in defendant’s “global invest­ment fund,” the Alexandria U.S. District Court dismisses defendants’ counterclaim for breach of contract as “so vague that it falls far short of the Rule 8 pleading stan­dard.” Plaintiffs allege defendants held out de­fendant firm Synchronized ...

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