Becker Glynn Secures Dismissal of Fraud Claims

A Swiss client of the firm was sued in federal court for fraud in connection with its sale of a complex financial product.  The fraud claims carried with them a threat of punitive damages.  The firm filed a pre-answer motion to dismiss, contending that the fraud claims were merely  contract claims dressed up to look like fraud.  The court agreed, dismissing the fraud claims and forcing the plaintiffs to proceed only on their contract claims.