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Pennsylvania Supreme Court Recognizes a New Cause of Action Against Those Who Aid and Abet Fraud

With a new decision settling the issue, businesses run the risk of being held liable for the conduct of their customers with the potential for increased Ponzi scheme related litigation following the Pennsylvania Supreme...more

11th Circuit Curtails Receivers’ Ability to Bring Ponzi Scheme-Related Claims Against Banks

On June 1, 2020, the U.S. Court of Appeals for the 11th Circuit issued Isaiah v. JPMorgan Chase Bank, N.A., a precedential opinion that draws sharp limits on court-appointed receivers’ ability to bring claims against...more

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