Legal Opinion
SECURITIES AND EXCHANGE COMMISSION v. RRBB ASSET MANAGEMENT, LLC
District Court, D. New Jersey
Decided July 20, 2021No. 2:20-cv-12523Unknown
1Opinion
UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW JERSEY SECURITIES AND EXCHANGE COMMISSION, Plaintiff, Civ. No. 20-12523 (KM) (ESK) v. OPINION RRBB ASSET MANAGEMENT, LLC, and CARL S. SCHWARTZ, Defendants. KEVIN MCNULTY, U.S.D.J.: This is a civil enforcement action by the Securities and Exchange Commission against RRBB Asset Management, LLC, and its president, Carl Schwartz, for violations of securities laws. RRBB and Schwartz move to dismiss for failure to state claim, see Fed. R. Civ. P. 12(b)(6). (DE 12.)1 For the following reasons, the motion is DENIED. I. BACKGROUND RRBB is a New…
2Cases cited25 opinions
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- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Davis v. Wells Fargo, U.S.Court of Appeals for the Third Circuit · 2016
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