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4th Circuit: No Jurisdiction Over Foreign Banks In Internet Pharmacy Suit

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RICHMOND, Va. - A Fourth Circuit U.S. Court of Appeals panel on May 3 affirmed dismissal of conspiracy and spam violations by four foreign banks, finding the plaintiffs' conspiracy allegations related to a purported "global Internet conspiracy to sell illegal prescription drugs" to be "conclusory and speculative" and insufficient to convey personal jurisdiction over the defendants in a Virginia court (Unspam Technologies Inc., et al. v. Andrey Chernuk, et al., No. 11-2406...(read more)

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