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  • New York Court of Appeals Rejects Martin Act Preemption of Common Law Fiduciary Duty and Gross Negligence Claims

01/29/2012 07:00:00 PM EST

New York Court of Appeals Rejects Martin Act Preemption of Common Law Fiduciary Duty and Gross Negligence Claims

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Corporate law Articles on Martindale.com

The New York Court of Appeals has ruled that New York's Martin Act (the "Act"), which grants New York's Attorney General broad powers to regulate, investigate and enforce securities fraud claims, does not preempt common law fiduciary duty and Read More...