Oooooh.
Judge Tosses ‘Sophisticated’ Investor’s Fraud Claim
Ben Bedell, New York Law Journal
An investor who claimed he was defrauded of $4 million had his case dismissed by Manhattan Commercial Division Justice Anil Singh, who said it is “not the court’s role to insulate sophisticated business entities from the consequences of their own risky investments.”
UPDATE 11/9/2015. And here’s the case caption, in case you want to go into the NYS Supreme Court data base and read the entire decision: