Lazzaro v. Weichman (In re Weichman)
Jan
21
2010
Ruling
Nondischargeability complaint claiming inadequate information and misrepresentations in investment advice provided by debtor dismissed for lack of evidence.
Procedural posture
Plaintiff investors brought an adversary proceeding against defendant bankruptcy debtor alleging that debts to the investors were nondischargeable under 11 U.S.C.S. § 523(a) based on the debtor's fraud, fiduciary defalcation, and willful and malicious injury. The debtor moved to dismiss the complaint for failure to state a claim.
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Court
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