Legal Opinion
Breard v. Sachnoff & Weaver, Ltd.
Court of Appeals for the Second Circuit
Decided August 12, 1991No. 1562, Docket 91-7166PublishedCited by 42 opinions
1Opinion of the Court
OAKES, Chief Judge:
George A. Breard and eleven others (collectively, “investors”) appeal from a judgment of the United States District Court for the Southern District of New York, Leonard B. Sand, Judge, dismissing their complaint for failure to plead fraud with particularity. Because we find that the complaint alleges sufficient facts to meet the pleading requirements of the Federal Rules of Civil Procedure, we reverse and remand.
BACKGROUND
This dispute arises from investors’ 1984 purchase of limited shares in a commercial real estate venture known as the Carlton Hotel Limited Partnership…
2Cases cited6 opinions
- Fed. Sec. L. Rep. P 94,405 Joe L. Smallwood v. Pearl Brewing Company, Southdown, Inc., Zapata Norness, Inc., Albert J. Rangeand D. Doyle MizeCourt of Appeals for the Fifth Circuit · 1974
- IIT v. CornfeldCourt of Appeals for the Second Circuit · 1980
- OUAKNINE v. MacFARLANECourt of Appeals for the Second Circuit · 1990
- Goldman v. McMahan, Brafman, Morgan & Co.District Court, S.D. New York · 1989
- Securities & Exchange Commission v. Electronics Warehouse, Inc.District Court, D. Connecticut · 1988
1 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Norman I. Gold v. Morrison-Knudsen Co., Black River Constructors, Fort Drum Constructors, and National Structures, Inc.Court of Appeals for the Second Circuit · 1995
- Securities & Exchange Commission v. Merchant Capital, LLCCourt of Appeals for the Eleventh Circuit · 2007
- ABF Capital Management v. Askin Capital Management, L.P.District Court, S.D. New York · 1997
- Primavera Familienstifung v. AskinDistrict Court, S.D. New York · 2001
- In Re Livent, Inc. Securities LitigationDistrict Court, S.D. New York · 1999
37 more not listed; retrieve them via the Exa API.