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Case Number: 1:23-cv-03787
Judge: Paul G. Gardephe
Court: United States District Court for the Southern District of New York (Manhattan County)
Plaintiff's Attorney: Adrian Gucovschi
Description: “Fraud” is any activity that relies on deception in order to achieve a gain. Fraud becomes a crime when it is a “knowing misrepresentation of the truth or concealment of a material fact to induce another to act to his or her detriment” (Black’s Law Dictionary). In other words, if you lie in order to deprive a person or organization of their money or property, you’re committing fraud.
The most widely accepted explanation for why some people commit fraud is known as the Fraud Triangle. The Fraud Triangle was developed by Dr. Donald Cressey, a criminologist whose research on embezzlers produced the term “trust violators.”
"Nutraceutical Wellness, Inc., doing business as Nutrafol, offers nutritional products. The Company provides nutraceutical supplement for hair growth for men and women. Nutrafol serves customers in the State of California." Bloomberg
The claims made and defenses asserted by the parties are not available at this time.
Outcome: The Court having been advised that all claims asserted herein have been settled, it is ordered that the above-entitled action be, and hereby is, dismissed with prejudice but without costs; provided, however, that if the settlement is not consummated within thirty days of this order, any party may apply by letter within the thirty-day period for restoration of the action to the calendar of the undersigned, in which event the action will be restored. The Clerk of Court is directed to close the case. Any pending dates and deadlines are adjourned sine die, and any pending motions are moot. SO ORDERED. (Signed by Judge Paul G. Gardephe on 8/4/2023) (tg) (Entered: 08/04/2023)