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PRECEDO CAPITAL GROUP INC. v. TWITTER INC.

No. 13 Civ. 7678(SAS).

33 F.Supp.3d 245 (2014)

PRECEDO CAPITAL GROUP INC. and Continental Advisors SA, Plaintiffs, v. TWITTER INC., Defendant.

United States District Court, S.D. New York.

Signed April 21, 2014.

Attorney(s) appearing for the Case

Joseph Peter Baratta, Sr., Esq., Ottavio Vincenzo Mannarino, Esq., Baratta, Baratta & Aidala LLP, New York, NY, for Plaintiffs.

Bruce Domenick Angiolillo, Esq., Jonathan K. Youngwood, Esq., Daniel Joseph Stujenske, Esq., Simpson Thacher & Bartlett LLP, New York, NY, for Defendant.

OPINION AND ORDER

I. INTRODUCTION

Plaintiffs, two financial services companies, bring this suit against Twitter Inc. for common law fraud.1 They claim that Twitter led them to believe that non-party GSV Asset...

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