On July 23, 2025, U.S. District Judge Julien Xavier Neals of the District of New Jersey withdrew his prior decision in a securities class action involving CorMedix Inc. This action followed a letter from CorMedix’s counsel, Andrew Lichtman of Willkie Farr & Gallagher, highlighting significant inaccuracies in the judge’s opinion, including fabricated quotations and misrepresented case outcomes.
In his June 30 ruling, Judge Neals had denied CorMedix’s motion to dismiss the lawsuit filed by shareholders. However, upon review, it was discovered that the opinion contained errors such as referencing a non-existent quote from the Dang v. Amarin Corp. case and misattributing statements to the Intelligroup case. Additionally, the opinion cited a case titled Stichting Pensioenfonds Metaal en Techniek v. Verizon Commc’ns Inc. in the Southern District of New York, which does not exist in that jurisdiction. Lichtman suggested that the court may have intended to refer to a case with the same caption from the District of New Jersey.
These inaccuracies prompted Judge Neals to retract his decision, stating that the opinion and order were entered in error and that a subsequent opinion and order would follow. This incident underscores the critical importance of accuracy in judicial opinions, especially in complex securities litigation where precise legal references are essential.
The case, In Re CorMedix Inc. Securities Litigation, continues to unfold as the court prepares to issue a revised opinion addressing the motion to dismiss. This development serves as a reminder of the meticulous attention to detail required in legal proceedings to maintain the integrity of the judicial process.