Amida Capital Management II, LLC v. Cerberus Capital Management, L.P.
District Court, S.D. New York
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…
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