Summary
At issue is the misrepresentation of the revenue of a business in which the plaintiff held stock by the defendant.
See Also
No Proof of 'Loss Causation' Required in Massachusetts for Common Law Fraud Claim
In this action for fraud and misrepresentation against an accounting firm for deceptive financial reporting, the auditors moved for summary judgment on the grounds that the plaintiff investors could not show that their losses were caused by the misrepresentations.