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Home / Opinion Digests / Business Law / Owners sued for corporation’s alleged fraud (access required)

Owners sued for corporation’s alleged fraud (access required)

Where a unity of interest and ownership was alleged to exist between the corporation and its two owners, and the owners allegedly used the corporate form to disguise a wrong or obscure a fraud, in particular, to avoid payment of withdraw liability from an employee benefit plan, the veil-piercing claim survived the motion to dismiss. Background Plaintiffs ...