Lerner v. Fleet Bank, N.A.

How courts have described this case

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

• holding that Rule 9(b) applies to a claim that defendants had “actual knowledge of fraud”
• holding that an aiding and abetting claim under New York law requires ʺan allegation that such defendant had actual knowledge of the breach of dutyʺ
• holding that inaction constitutes substantial assistance “only if the defendant owes a fiduciary duty directly to the plaintiff”
• holding that while “’red flags’ . . . may have put the bank[] on notice that some impropriety may have been taking place, those alleged facts do not create a strong inference of actual knowledge.”
• explaining that “[t]o establish liability for aiding and abetting fraud,” a plaintiff “must show ... the existence of a fraud”
• noting that allegations that a party “suspected fraudulent activity” were not sufficient to “raise an inference of actual knowledge”

Source: CourtListener parenthetical corpus (CC0).

Cited by

237 cases in this archive cite this case; the 20 most cited are listed.

• Loreley Financing (Jersey) No. 3 Ltd. v. Wells Fargo Securities, LLC
  Second Circuit· 2015-07-24· cited 895×
• Licci Ex Rel. Licci v. Lebanese Canadian Bank, SAL
  Second Circuit· 2012-03-05· cited 475×
• Exergen Corp. v. Wal-Mart Stores, Inc.
  Federal Circuit· 2009-08-04· cited 384×
• Ellington Credit Fund, Ltd. v. Select Portfolio Servicing, Inc.
  S.D. New York· 2011-12-05· cited 179×
• Chaney v. Dreyfus Service Corp.
  Fifth Circuit· 2010-01-25· cited 158×
• Krys v. Pigott
  Second Circuit· 2014-04-11· cited 155×
• Covey v. Simonton
  E.D. New York· 2007-04-04· cited 132×
• City of New York v. Smokes-Spirits. Com, Inc.
  Second Circuit· 2008-09-02· cited 115×
• United States v. Strock
  Second Circuit· 2020-12-03· cited 113×
• Midwest Feeders, Incorporated v. Bank of Franklin
  Fifth Circuit· 2018-03-27· cited 100×
• SFS Check, LLC v. First Bank of Delaware
  Sixth Circuit· 2014-12-16· cited 91×
• Comprehensive Investment Services, Inc. v. Mudd
  S.D. New York· 2012-08-30· cited 90×
• In Re PXRE Group, Ltd., Securities Litigation
  S.D. New York· 2009-03-04· cited 82×
• HSI Chang v. JP Morgan Chase bank, N.A.
  Eleventh Circuit· 2017-01-06· cited 77×
• Pure Power Boot Camp, Inc. v. Warrior Fitness Boot Camp, LLC
  S.D. New York· 2011-09-12· cited 76×
• St. John's University, New York v. Bolton
  E.D. New York· 2010-12-10· cited 75×
• Bigio v. Coca-Cola Co.
  Second Circuit· 2012-03-19· cited 74×
• Meisel v. Grunberg
  S.D. New York· 2009-08-31· cited 72×
• In re General Motors LLC Ignition Switch Litigation
  S.D. New York· 2017-06-30· cited 72×
• Sykes v. Mel Harris and Associates, LLC
  S.D. New York· 2010-12-29· cited 69×

Cites

46 cases in this archive are cited by this case; the 20 most cited are listed.

• Holmes v. Securities Investor Protection Corporation
  Supreme Court· 1992-03-24· cited 1,453×
• Laura Holtz v. Rockefeller & Co., Inc.
  Second Circuit· 2001-07-10· cited 1,375×
• Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin Engelman
  Second Circuit· 1994-06-02· cited 1,243×
• Mills v. Polar Molecular Corp.
  Second Circuit· 1993-12-17· cited 848×
• Acito v. IMCERA Group, Inc.
  Second Circuit· 1995-02-01· cited 639×
• Anza v. Ideal Steel Supply Corp.
  Supreme Court· 2006-06-05· cited 587×
• Solomon v. City of New York
  New York Court of Appeals· 1985-12-26· cited 507×
• In Re: Sharp International Corp. & Sharp Sales Corp., Debtors. Sharp International Corp., Debtor-Appellant v. State Street Bank and Trust Company
  Second Circuit· 2005-04-01· cited 473×
• Kaufman v. Cohen
  Appellate Division of the Supreme Court of New York· 2003-05-27· cited 469×
• Brown v. Legal Foundation of Washington
  Supreme Court· 2003-03-26· cited 294×
• Wight v. BankAmerica Corp.
  Second Circuit· 2000-05-25· cited 274×
• Armstrong v. McAlpin
  Second Circuit· 1983-01-24· cited 272×
• Schlaifer Nance & Company v. The Estate of Andy Warhol, Frederick Hughes, Edward W. Hayes, Esq., and Vincent Fremont
  Second Circuit· 1997-07-10· cited 244×
• Allaire Corp. v. Okumus
  Second Circuit· 2006-01-05· cited 227×
• Robert L. Moore and Jeannette S. Parry v. Painewebber, Inc.
  Second Circuit· 1999-08-20· cited 201×
• Percy King and George Russell v. Crossland Savings Bank and American Express Company
  Second Circuit· 1997-04-07· cited 150×
• Vito Tufariello v. Long Island Railroad Company, Docket No. 05-1945-Cv
  Second Circuit· 2006-07-20· cited 147×
• Aaron Ferer & Sons Ltd. v. Chase Manhattan Bank, National Ass'n
  Second Circuit· 1984-03-14· cited 127×
• Commercial Cleaning Services, L.L.C. v. Colin Service Systems, Inc.
  Second Circuit· 2001-11-15· cited 116×
• Prudential-Bache Securities, Inc. v. Citibank, N. A.
  New York Court of Appeals· 1989-02-23· cited 101×

Other cases named Lerner v. Fleet Bank, N.A.

2 other CourtListener records share this case name.

• Lerner v. Fleet Bank, N.A.
  Second Circuit· 2003-01-22· cited 253×
• Lerner v. Fleet Bank, N.A.
  E.D. New York· 2001-05-22· cited 5×