Molchatsky v. United States

Plaintiffs-Appellants Phyllis Molchat-sky, et al. (“Plaintiffs”) appeal from an April 19, 2011 Opinion and Order by the United States District Court for the Southern District of New York (Swain, J.) granting Defendant-Appellee the United States’ motion to dismiss Plaintiffs’ complaints against the United States Securities and Exchange Commission (the “SEC”) for lack of subject matter jurisdiction pursuant to Federal Rule of Civil Procedure 12(b)(1). Plaintiffs also appeal from the district court’s January 24, 2011 Memorandum Order denying Plaintiffs’ motion for relief from judgment under…