Summary
Court dismisses securities fraud complaint regarding municipal bonds due to lack of expert loss causation evidence, i.e., comparing value of underlying collateral on purchase date to subsequent liquidation sale value.
See Also
In re Nuveen Funds/City of Alameda
Court dismisses securities fraud complaint regarding municipal bonds due to lack of expert loss causation evidence; i.e., comparing value of underlying collateral on purchase date to subsequent liquidation sale value.