Legal Opinion

Morse v. Weingarten

District Court, S.D. New York

Decided November 13, 1991No. 91 Civ. 3893(MEL)PublishedCited by 46 opinions

1Opinion of the Court

LASKER, District Judge.

Defendant Michael Milken moves under Rules 12(b) and 9(b), Fed.R.Civ.P., to dismiss all claims against him in this securities fraud class action suit, and under Rule 12(f) to strike portions of the complaint. 1

For the reasons discussed below, the motion to dismiss and the motion to strike are granted.

I

Plaintiffs are shareholders who bought stock in the now-bankrupt First Capital Holdings Corp. (“First Capital”) between March 31, 1989 and May 31, 1991.

Their complaint alleges: 1) that Milken either caused or helped defendant Robert Weingarten to establish First Capital, a…

2Cases cited15 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
  3. Fed. Sec. L. Rep. P 91,922 James Bloor v. Carro, Spanbock, Londin, Rodman & FassCourt of Appeals for the Second Circuit · 1985
  4. Susan R. Wexner v. First Manhattan Co., John R. Loomis and Joseph Stein, Jr., Individually and as Co-Partners of First Manhattan CompanyCourt of Appeals for the First Circuit · 1990
  5. Jo Ann Homes at Bellmore, Inc. v. DworetzNew York Court of Appeals · 1969

10 more not listed; retrieve them via the Exa API.

3Cited by46 opinions

  1. In Re Livent, Inc. Noteholders Securities Litig.District Court, S.D. New York · 2001
  2. Securities Investor Protection Corp. v. Stratton Oakmont, Inc.United States Bankruptcy Court, S.D. New York · 1999
  3. Naegele v. AlbersDistrict Court, District of Columbia · 2005
  4. Oram v. SoulCycle LLCDistrict Court, S.D. New York · 2013
  5. Llewellyn-Jones v. Metro Property Group, LLCDistrict Court, E.D. Michigan · 2014

41 more not listed; retrieve them via the Exa API.

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