HAYS v. ELLRICH

SJC-11743.

471 Mass. 592 (2015)

31 N.E.3d 1064

MOLLY A. HAYS v. DAVID J. ELLRICH & others.

Supreme Judicial Court of Massachusetts, Suffolk.

June 10, 2015.


Attorney(s) appearing for the Case

David B. Mack ( Stephanie R. Parker with him) for the defendants.

Patrick J. Dolan for the plaintiff.

Present: GANTS, C.J., SPINA, CORDY, BOTSFORD, DUFFLY, LENK, & HINES, JJ.


In January, 2001, in reliance on the advice of her investment advisor, the plaintiff, Molly A. Hays, invested approximately three-quarters of her retirement savings in a hedge fund that became insolvent in 2003, resulting in the loss of her entire investment. In 2006, Hays filed suit in the Superior Court, alleging that her investment...

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