misrepresentation

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Related to misrepresentations: Innocent misrepresentation

misrepresentation

See fraud.

References in periodicals archive ?
All three rules would allow recovery of purely economic losses when the defendant's misrepresentations fraudulently induced the plaintiff to enter into a contract.
One of the showings plaintiffs need to make at class certification for claims involving Rule 1 Ob-5--the most important anti-fraud rule in securities law--is that class members "relied" on the veracity of the alleged misrepresentations.
The four plaintiffs failed to show that they had relied on any alleged company misrepresentations and that they had suffered harm.
In a meta-analysis of 18 studies that followed, Wiggins (2) found reports that ranged widely from misrepresentations found for 1.
the use of rescission as the remedy for innocent misrepresentations and
In anticipation of these claims, I was interested to read the recent decision of the Wisconsin Supreme Court addressing whether the term "occurrence" includes misrepresentations in Stuart v.
According to Toronto law firm Rochon Genova Lllp, shareholders who bought shares of CIBC between May 31, 2007 and February 28, 2008 have alleged that the Canadian bank and its executives misrepresented CIBC's exposure to subprime investments, engaged in material misrepresentations and failed to make timely disclosures, contrary to securities regulation.
Many cases of written misrepresentations in the residential property context, whether fraudulent, negligent, or innocent, involve the representations made in a Property Condition Disclosure Statement (PCDS).
The BasePoint study noted that loans containing egregious misrepresentations were up to five times more likely to default in the first six months than loans that did not.
If the buyer is unable to locate the seller, the buyer may turn to the real estate agent and claim the agent breached his/her duty to conduct a reasonably competent and visual inspection, was negligent and made misrepresentations.
1627 (April 19, 2005), the United States Supreme Court held that the Ninth Circuit was wrong in ruling that a plaintiff satisfies the loss causation element of a 10b-3 cause of action simply by pleading and proving that, on the date of purchase, the defendants' misrepresentations artificially inflated the stock price.