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CIFG ASSUR. N. AM., INC. v. CREDIT SUISSE SEC. (USA) LLC

14301, 653974/13

128 A.D.3d 608 (2015)

2015 NY Slip Op 04558

CIFG ASSURANCE NORTH AMERICA, INC., Appellant, v. CREDIT SUISSE SECURITIES (USA) LLC, Respondent.

Appellate Division of the Supreme Court of New York, First Department.

Decided May 28, 2015.

Order, Supreme Court, New York County (Jeffrey K. Oing, J.), entered on or about July 16, 2014, which granted defendant's motion to dismiss the complaint without prejudice, unanimously affirmed, without costs.

Plaintiff, a New York stock insurance company that provided financial guaranty insurance on a credit default swap, alleges that defendant, a registered broker-dealer, induced it to provide the insurance by representing...

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