DEL. HIGH COURT ENDORSES DISMISSAL OF SUIT BY ‘SOPHISTICATED INVESTOR’
Sahagen v. Castiel
The Delaware Supreme Court has affirmed a decision that labeled a plaintiff as a “sophisticated investor” because he had experience in backing ventures similar to the one challenged. The high court endorsed the lower court judge's dismissal of the...
DEL. HIGH COURT ENDORSES DISMISSAL OF SUIT BY ‘SOPHISTICATED INVESTOR’
Sahagen v. Castiel