Financial Poise

All Articles by Adam Hirsch

Adam Hirsch

About Adam Hirsch

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This is Spinal Tap lawsuit

This Lawsuit Goes to 11: Fraud Claims and the Economic Loss Rule

Remember the $400 million “This is Spinal Tap” lawsuit? It just settled. Here’s what it teaches about fraud claims and the economic loss rule.

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Fraud victim blame

Suing for Fraud? Here’s How the Defendant Could Blame You

While a comparative fault defense isn’t always an option in fraud cases, the defendant could still argue that the victim is to blame.

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FRCP 9(b) in Fraud Cases

It’s All in the Details: The Importance of FRCP Rule 9 in Fraud Cases

When it comes to fraud cases, FRCP Rule 9 may scare plaintiffs and comfort defendants. But should Rule 9 be feared or relied on too heavily?

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silhouette of a statue near Trump Tower, symbolizing puffery as a legal defense

What is Puffery, and is Trump’s Puffery a Valid Legal Defense?

What is puffery, and when is it actually sales fraud? The Trump SoHo case provides insight into what constitutes “mere puffery” in court.

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This hourglass with red sand represents the importance of time for fraud statute of limitations

How Important is Timing With Your Fraud Statute of Limitations? Turns Out, Very

Simply saying you had no idea may not work when it comes to a fraud claim. Learn how a fraud statute of limitations can determine your case.

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Band and audience, representing reasonable reliance

What ‘Animal House’ Can Teach Us About Reasonable Reliance in Fraud Cases

The boys of Delta Tau Chi unknowingly teach us about an important legal defence in fraud cases. What is reasonable reliance, and when is it effective?

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Woman whispers to man, symbolizing an accredited investor keeping confidential business information

The Civil Courts: When Your ‘Confidential Business Information’ Isn’t So Secret

In a civil court case, your confidential business information is only as confidential as the judge allows. Read about Purdue Pharma’s high-profile case.

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life preserver representing bad faith insurance

PLUP Fiction: Bad Faith Insurance

Can you rely on your insurance company’s description of your insurance policy? Learn about insurance bad faith and your rights as the insured. 

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Attorney Immunity? The Allen Stanford Ponzi Case Sparks Debate

Attorney Immunity? The Allen Stanford Ponzi Case Sparks Debate

The Fraud at Night, It Shines So Bright… In 2012, Allen Stanford was convicted of running a Ponzi scheme and sentenced to 110 years in prison. As the New York Times reported, Stanford, “is now a shadow of the swaggering financier who only three years ago had an estimated fortune of over $2 billion, a […]

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It's never RICO!

It’s Never RICO! What this Column Presupposes is, Maybe Sometimes it is

If you type the phrase “It’s never RICO” into Google, you’ll get a bunch of hits, including this clever and interesting discussion. The Google image search returns “House, M.D.” memes. I would beg you, dear reader, not to Google “RICO Trump”. It’s a rabbit hole where you will see all sorts of nonsense about alleged forthcoming sealed indictments […]

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