Is equitable tolling sufficient to extend the statute of limitations for a claim of fraud?
MultiRegion, United States of America
The following excerpt is from Dodds v. Cigna Securities, Inc., 12 F.3d 346 (2nd Cir. 1993):
The doctrine of equitable tolling is similarly limited. Equitable tolling will stay the running of the statute of limitations only so long as the plaintiff has "exercised reasonable care and diligence in seeking to learn the facts which would disclose fraud." Arneil, 550 F.2d at 781 (quoting Morgan v. Koch, 419 F.2d 993, 997 (7th Cir.1969)).
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