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Home / Case Digests / U.S. Court of Appeals, Second Circuit / Second Circuit – Fraud: Fin. Guar. Ins. Co. v. Putnam Advisory Co.

Second Circuit – Fraud: Fin. Guar. Ins. Co. v. Putnam Advisory Co.

U.S. Court of Appeals for the Second Circuit - Fraud – Loss Causation - Negligence – Sufficient Allegations   Fin. Guar. Ins. Co. v. Putnam Advisory Co. 14-1673-cv Judges Kearse, Straub and Raggi   Background: The plaintiff argued that the defendant misrepresented its management of a collateralized debt obligation in order to induce the plaintiff to provide financial guaranty insurance. The ...