Commercial division update: The ‘substantial assistance’ element of aiding and abetting fraud claims

The tort of aiding and abetting common law fraud is often asserted when an advisor or consultant to a defendant is involved in a transaction in which plaintiff alleges the defendant committed fraud.

Plaintiffs may claim that the advisor or consultant – perhaps with deeper pockets than the defendant – helped facilitate the fraud, and therefore should be held accountable. Such claims have been brought against a whole array of targets, including financial advisors, trustees, officers and directors and attorneys.

Download the full New York Law Journal article, "Commercial division update: The ‘substantial assistance’ element of aiding and abetting fraud claims."