Andrews Securities Litigation and Regulation Reporter
September 11, 2002
Rule 11 Sanctions:
Copyright (c) 2002 Andrews Publications
NON-FRIVOLOUS CLAIMS DO NOT SPARE LAW FIRM FROM SANCTIONS
Gurary v. Nu-Tech Bio-Med
A federal appellate court in New York has ruled that the existence of non-frivolous claims, when combined with frivolous claims in a securities fraud action, does not rebut the presumption that the defendant is entitled to recover its attorneys' fees...