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us B. Lau, White & Case LLP, Washington, D.C., for Appellee Stolt—Nielsen S.A. and Stott- Nielsen Transportation Group Ltd. Roberta D. Liebenberg, Allen D. Black, (Argued), Gerard A. Dever, Fine, Kaplan & Black, Philadelphia, PA, James A. Back- strom, Jr., Philadelphia, PA, for Appellee Richard B. Wingfield

ation Group Ltd. Roberta D. Liebenberg, Allen D. Black, (Argued), Gerard A. Dever, Fine, Kaplan & Blac

68 FEDERAL REPORTER, 3d SERIES In making this determination, the district court largely relied on our description of fraudulent sales tactics in Regent and found that the sales tactics used by the Companies did not amount to mail fraud. Although the court determined that some of the Compa- nies re

of mail fraud, misrepresentations must be material to the bargain that the customer is induced to enter into with the company. See id at 1182. In Regent, we held that the particular mis- representations made by the salespersons were not material to the nature of the bar- gain between the companies an

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irst all-suite_, all-balcony ship, as well as the first to offer dining by the famed Le Cordon Bleuw of Paris. Discover the pleasure of sailing with Regent Seven Seas Cruises and the American Express Mariner Club. Mariner host, shoreside events and cocktail parties contingent on minimum number of passen