In Re NASDAQ Market-Makers Antitrust Litigation
District Court, S.D. New York
1Opinion of the Court
OPINION
SWEET, District Judge.
The Defendants in this multidistriet litigation have moved to dismiss the complaint pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure alleging that the complaint fads to allege with sufficient specificity a claim upon which relief can be granted. For the reasons discussed below, the motion is granted with leave for plaintiffs to amend the complaint.
Parties
The 33 named Defendants in this action are all market-makers on the Nasdaq exchange. 1 The complaint describes them as “leading Nasdaq market-makers.” Nasdaq is a computerized quotations system…
2Cases cited43 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Associated General Contractors of California, Inc. v. California State Council of CarpentersSupreme Court of the United States · 1983
- Leatherman v. Tarrant County Narcotics Intelligence and Coordination UnitSupreme Court of the United States · 1993
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3Cited by33 opinions
- In re Nasdaq Market-Makers Antitrust LitigationDistrict Court, S.D. New York · 1996
- Granite Partners, LP v. Bear, Stearns & Co. Inc.District Court, S.D. New York · 1998
- In re Nasdaq Market-Makers Antitrust LitigationDistrict Court, S.D. New York · 1998
- In Re Currency Conversion Fee Antitrust LitigationDistrict Court, S.D. New York · 2003
- In Re Flash Memory Antitrust LitigationDistrict Court, N.D. California · 2009
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