Securities and Exchange Commission v. Verges

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION SECURITIES AND EXCHANGE § COMMISSION, § § Plaintiff, § § Civil Action No. 3:23-CV-2146-D VS. § § PHILIP VERGES, et al., § § Defendants. § MEMORANDUM OPINION AND ORDER In this securities fraud civil enforcement action brought by plaintiff Securities and Exchange Commission (“SEC”), three of the defendants—Blue Citi LLC (“Blue Citi”), Robert Malin (“Robert”), and Linda Malin (“Linda”) (collectively, “defendants”)—move to dismiss under Fed. R. Civ. P. 9(b) for failure to plead fraud with particularity and…