JEFFREY LIPKOWITZ, M.D., ET AL. V. HAMILTON SURGERY
CENTER, LLC, ET AL.
A-4489-08T1 08-04-10
In this appeal we construe the term "financial detriment"
as found in the New Jersey Uniform Securities Law (USL),
N.J.S.A. 49:3-47 to -76, which requires that claimants prove
that they suffered a "financial detriment." N.J.S.A. 49:3-71
(b)(1). We hold that the USL indicates a legislative intent to
place investors in the same position they were in before making
the investments, not a preference of giving them the benefit of
their bargains.
