Defendants assert one to plaintiff features « sav[ed] just as much as $104,, » and that signifies « plaintiff’s month-to-month [loan] repayments out of $4,362,ten

Defendants assert one to plaintiff features « sav[ed] just as much as $104,, » and that signifies « plaintiff’s month-to-month [loan] repayments out of $4,362,ten

The purpose of Fed. R, Civ. P. 9(b) is two-fold: first, « [r]ule 9(b) serves to give defendants adequate notice to allow them to defend against the charge »; second, rule 9(b) « deter[s] the filing of complaints ‘as a pretext for the discovery of unknown wrongs’ . . . [by] ‘prohibit[ing] plaintiffs from unilaterally imposing upon the court, the parties and society enormous social and economic costs absent some factual basis.' » When you look at the re Stac Elec. Sec. Litia., 89 F.3d 1399, 1405 (9th Cir. 1996) (quoting Semeaen v. Weidner, 780 F.2d 727, 731 (9th Cir. 1985)). As such, these heightened pleading requirements exist to « eliminate fraud actions in which all the facts are learned through discovery after the complaint is filed. » You.S. ex rel. Elms v. Accenture LLP, 341 Fed.Appx. 869, 873 (4th Cir. 2009) (internal quotations and citation omitted); see also In re Stac Elec., 89 F.3d at 1405.

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