273 F. Supp. 2d at 365 (citing Powers v. British Vita P.L.C., 57 F.3d 176, 189 (2d Cir. 1995) (market value of stock fell as a result of recession); First Nationwide Bank v. Gelt Funding Corp., 27 F.3d 763, 772 (2d Cir. 1994) (investor's loss caused by a marketwide real estate crash)). As the United Stags Supreme Cou

ffs. See Bur- EFTA00795090 826 349 FEDERAL SUPPLEMENT, 2d SERIES nett 1, 274 F.Supp2d at 104. Proximate cause will support this connection. See First Nationwide Bank v. Celt Funding Corp., 27 F.3d 763, 769 (2d Cir.1994) ("Central to the notion of proximate cause is the idea that a person is not liable to all t