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United Kingdom
misrepresentationsecuritiesinvestment
Hamoodi v Lombard Odier Asset Management Ltd
[2024] EWHC 1314 (Comm)
Key Principle
An investor alleging that a fund manager solicited and then traded on his market-sensitive views must establish the pleaded representations and reliance on the evidence; the case turned on whether the defendant fund's sale of shares to the claimant gave rise to actionable misrepresentation or related claims.
Area of Law
General
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