Opinion ID: 765616
Heading Depth: 4
Heading Rank: 2

Heading: The Windsor Defendants' Misrepresentations

Text: 47 The evidence that demonstrates the Windsor Defendants' membership in the conspiracy also shows that the Windsor Defendants themselves misrepresented material facts concerning their transactions with HED-France. As demonstrated above, each of the Windsor Defendants represented to Cofacredit that Windsor owed a sum certain to HED-France, and therefore to Societe Generale and Cofacredit. Of course, this was not the case. Therefore, the district court did not err in finding that the Windsor Defendants themselves made material misrepresentations. And because we conclude that the district court's finding of misrepresentation was not in error, we need not reach the Windsor Defendant's contention that the district court also erred in finding that they concealed the terms of the Factoring Agreement in the face of a duty to disclose.