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Home / Case Digests / Second Circuit – Material misrepresentations: In re: Synchorny Financial Securities Litigation

Second Circuit – Material misrepresentations: In re: Synchorny Financial Securities Litigation

United States Court of Appeals for the Second Circuit Material misrepresentations Vague assertions – Particularized allegations – Factual assertions In re: Synchorny Financial Securities Litigation 20-1352 Judges Jacobs, Pooler, and Bianco Background: The plaintiffs appealed from the dismissal of their Securities Exchange Act and Securities Act claims. They alleged that Synchrony Financial, many of its corporate officers, and other entities involved ...