Iatarola v. Efrosman (N.J. Superior Court)
Defending banks and other players in the financial services industry in fraud-related matters is one of our specialties. In this case, a banking client was accused of facilitating a foreign currency exchange scheme that allegedly defrauded a number of retirees of their life savings. E&C secured an early dismissal of the case, thus shielding the bank not only from liability but also the potential for negative publicity that would have resulted from protracted litigation with those sympathetic plaintiffs. The Appellate Division affirmed the trial court's decision. The New Jersey Supreme Court later denied plaintiffs' application for relief from the Appellate Division's decision.
- Memorandum of Law in Opposition to Plaintiffs' Motion for Leave to File Third Amended Complaint (PDF | 30.01 M)
- Order (PDF | 548.71 K)
- Appellate Brief (PDF | 1.38 M)
- Decision of the Appellate Division, N.J. Superior Court (PDF | 40.44 K)
- Brief of Respondent in Opposition to Petition for Certification (PDF | 887.50 K)
- Order Denying Certification, N.J. Supreme Court (PDF | 40.36 K)