Legal Opinion

Amida Capital Management II, LLC v. Cerberus Capital Management, L.P.

District Court, S.D. New York

Decided November 10, 2009No. 08 Civ. 5516(MGC)PublishedCited by 17 opinions

1Opinion of the Court

OPINION

CEDARBAUM, District Judge.

Amida Capital Management II, LLC (“Amida”) sues under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and under New York law, for fraud in connection with Amida’s purchase of stock of United Rentals, Inc. during Cerberus’s aborted buy-out of United Rentals in 2007.

I dismissed the original Complaint at oral argument on October 30, 2008, and granted Amida leave to replead. Defendants now move to dismiss the Amended Complaint. For the following reasons, the motion to dismiss is granted.

BACKGROUND

I. The Parties

The following facts are drawn from the…

2Cases cited32 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Foman v. DavisSupreme Court of the United States · 1962
  4. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  5. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976

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3Cited by17 opinions

  1. Loop Production v. Capital Connections LLCDistrict Court, S.D. New York · 2011
  2. King County, Wash. v. IKB DEUTSCHE INDUSTRIEBANK AGDistrict Court, S.D. New York · 2010
  3. Lankau v. Luxoft Holding, Inc.District Court, S.D. New York · 2017
  4. DEVON IT, INC. v. IBM Corp.District Court, E.D. Pennsylvania · 2011
  5. Blast Off Media Inc. v. Downtown Music Capital, LLC et al.District Court, S.D. New York · 2026

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

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