EP MedSystems, Inc. v. EchoCath, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that statements concerning the “current state of negotiations” could be construed as a statement of fact rather a prediction of future events
• noting that loss causation requires a ―practical approach, in effect applying general causation principles‖
• “Whether the plaintiff has proven [loss] causation is usually reserved for the trier of fact.”
• “In this case, MedSystems claims that as a result of fraudulent misrepresentations made in personal communications by EchoCath executives, it was induced to make an investment of $1.4 million which turned out to be worthless.”
• “Whether the plaintiff has proven causation is usually reserved for the trier of fact”
• “In this case, MedSystems claims that as a result of fraudulent misrepresentations made in personal communications by EchoCath executives, it was induced to make an investment of $1.4 million which turned out to be worthless.”

Source: CourtListener parenthetical corpus (CC0).