Case Name: Adams v. Constantin
Case Number: 4:23-cv-04785
“Adams alleges that Constantin’s “plan to sell when [a] stock reached a certain price” was new information that made his “earlier representation to Plaintiff false and misleading,” but Adams fails to allege facts about any of Constantin’s earlier representations, when they were made, or how Adams relied upon them. Nor does Adams allege any facts that, if true, would give rise to a duty of disclosure running from Constantin to Adams. Adams’ Complaint does not allege facts capable of establishing that he and Constantin had a confidential or fiduciary relationship, or that Constantin made statements that gave rise to a duty of disclosure.”