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Absolute Activist Value Master Fund Ltd. v. Ficeto

United States Court of Appeals for the Second Circuit

2012 U.S. App. LEXIS 4258 (2012)

Summary
Procedural History
Judicial Opinion
Citations

Transactions involving foreign securities are considered domestic if irrevocable liability is incurred or title passes within the United States.

Relevant Facts

Absolute Capital Management Holdings Limited (plaintiff) alleged that its officers and broker-dealers (defendants) committed fraud by causing the plaintiff to buy shares of penny-stock companies, then inflating the prices for profit.

Issue

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Holding & Reasoning

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Concurrence

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Dissent

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Last updated:

December 8, 2023

Judicial Opinion

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Procedural History

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Citations

2012 U.S. App. LEXIS 4258 (2012)

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