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Home / Opinion Digests / Court joins other circuits, relaxes Rule 9(b) standard (access required)

Court joins other circuits, relaxes Rule 9(b) standard (access required)

In an issue of first impression, the court joined other circuits in holding that when alleging fraud by omission or concealment, given that critical facts related to such allegations are uniquely within the defendant’s knowledge and control, plaintiffs may partly rely on information and belief without running afoul of Rule 9(b). However, they must state ...