U.S. District Court denies G-I Holdings Motion to Amend Complaint Against Baron & Budd

NEW YORK - A U.S. District Court has denied G-I Holdings' motion to file a fifth amended complaint against the Baron & Budd law firm, saying the company improperly based its fraud allegations on information and belief without supporting facts. G-I Holdings Inc. v. Baron & Budd; Frederick Baron, Russell Budd, et al. No. 01 Civ. 0216 (S.D. N.Y.)

In his Feb. 25 ruling, Judge Robert W. Sweet of the U.S. District Court for the Southern District of New York reviewed prior rulings and said G-I Holdings had been on notice for over a year of what information it must …