· 3/17/2022
B&G Foods North America, Inc. v. Kim Embry
Citations
- 29 F.4th 527
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- explaining that, under the discovery rule, a cause of action accrues when a plaintiff “knew, or in the exercise of reasonable diligence should have known, of the factual basis for a cause of action”
- setting out factors relevant to determining whether a fiduciary duty exists in context of client and broker
- “factual disputes concerning when a plaintiff knew or should have known of his cause[s] of action are to be resolved by the jury”
- statute of limitations tolled until plaintiff receives “actual knowledge” of facts giving rise to cause of action if wrongdoer is fiduciary and has breached duty of disclosure
- scope of fiduciary duty depends on degree of discretion customer entrusts to broker
- whether broker has assumed general fiduciary obligations of discretionary account is fact-based inquiry
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.