When is a HAJMM sandwich not a ham sandwich? Does a burger with a slice of ham on top qualify? What about a breakfast biscuit with ham and eggs? Like the outcry against ham and pineapple on pizza, our courts have put forth several reasons why a case involving securities […]
Category: 75-1.1 Exemptions
A section 75-1.1 claim that finds a place in an employment dispute is rare—like a comet, a meteor shower, or a total eclipse. When one comes along, we cannot help but wonder at it. Even those of us who take the heavens for granted keep a telescope in the attic […]
We have previously discussed whether a local-government entity can be sued for money damages based on a federal antitrust violation. Today’s post discusses a similar question: are quasi-municipal corporations—a type of local-government entity—exempt from liability under section 75-1.1 and North Carolina’s antitrust laws? Last month, the Supreme Court of North […]
Section 75-1.1 claimants find themselves stuck in a HAJMM sandwich when their complaint arises out of conduct that occurs in a securities transaction, but for which the securities laws provide no remedy. In these circumstances, the securities exemption based on HAJMM Co. v. House of Raeford Farms, Inc. will bar […]