Tag Archives: Judge Stein

Second Circuit Affirms Dismissal of Suit Challenging New York’s Charity Reporting Laws

Yesterday, the Second Circuit affirmed Judge Stein’s decision last year to dismiss a suit by Citizens United challenging New York’s charity reporting laws (see our previous coverage here). Citizens United challenged the New York Attorney General’s requirement that charities file an un-redacted Schedule B, a form listing the names and contribution amounts of the charity’s … Continue Reading

Judge Stein Dismisses Citizens United’s Challenge to New York’s Charity Reporting Laws

Today, Judge Stein dismissed claims by Citizens United challenging New York’s reporting requirements for charities in the state (see our previous coverage here).  Citizens United challenged the New York Attorney General’s requirement that charities file an un-redacted Schedule B, a form listing the names and contribution amounts of the charity’s donors, before receiving a license … Continue Reading

SDNY Blog Returns as Steptoe Blog

The SDNY Blog is relaunching as a publication of Steptoe & Johnson LLP.  We expect to post several times a week on decisions and other developments in the Southern District of New York.  You can find us right here at www.sdnyblog.com, or follow us on Twitter or Facebook. Here’s a quick summary of what’s been happening in the Southern … Continue Reading

Judge Stein Certifies Class Accusing Dating Site “It’s Just Lunch” of Luring Members with Misleading Phone Pitch

In an opinion issued yesterday, Judge Stein certified two classes of plaintiffs – a national class and a New York class – bringing fraud claims against internet dating web site It’s Just Lunch (“IJL”).  The class representatives claim to have been defrauded into paying $1,000 for a year-long membership to IJL based on “corporate‐mandated misrepresentations repeated … Continue Reading

Judge Stein Dismisses Securities Fraud Case Against Citi on Forum Non Conveniens Grounds

In an opinion issued today, Judge Stein dismissed the securities fraud claims of a putative class of Citigroup investors led by a United Kingdom-based pension fund.  The claims were based on Euro Notes issued by Citigroup between 2005 and 2009 and sold to investors through the Luxembourg and Copenhagen Stock Exchanges.  The complaint alleged that … Continue Reading

Judge Stein Concludes Security “Holders” Cannot Bring Fraud Claims Under New York Law, Dismisses Case Against Citi

In an opinion today, Judge Stein dismissed a case accusing Citibank of fraud and negligent misrepresentation for understating its exposure to mortgage-backed securities.  He dismissed the case because the plaintiffs were “holders” of the stock during the relevant time period (i.e., they did not buy at inflated prices and sell at a loss), and relied … Continue Reading

Judge Stein Dismisses Case Brought By Iraq Against Companies Accused of Manipulating the U.N. Oil-For-Food Program

In a decision yesterday, Judge Stein ruled that the government of Iraq could not recover against dozens of companies accused of manipulating the U.N. Oil-for-Food Program. The program “was designed to permit Iraq to sell its oil to third parties, as long as the proceeds were used to purchase food and medical supplies for the … Continue Reading
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