Fed. Sec. L. Rep. P 96,875 Citibank, N.A. v. K-H Corporation and Kelsey-Hayes Company

How courts have described this case

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

• holding that to establish loss causation plaintiff must show that the economic harm it suffered occurred as a foreseeable result of the alleged misrepresentations
• holding that to establish loss causation plaintiff must show that the economic harm it suffered occurred as a foreseeable result of the- alleged misrepresentations
• finding defendant's nondisclosure of a seven-week bridge loan insufficiently connected to plaintiff's loss to establish causation
• finding defendant's nondisclosure of a seven-week bridge loan insufficiently connected to plaintiff's loss to establish causation
• stating, in the context of securities fraud, that the element of loss causation requires the plaintiff to prove \that the damage suffered was a foreseeable consequence of the misrepresentation.\
• affirming the dismissal of plaintiffs’ fraud claim because plaintiffs failed to allege how the misstatement caused the alleged loss

Source: CourtListener parenthetical corpus (CC0).