Monte v. Reed & Associates

*388MEMORANDUM AND ORDER

This action arose out of a real estate transaction in which plaintiffs allegedly bought certain property in St. Croix in reliance on the misrepresentation of defendant Long. Long is a real estate salesman who worked for the defendant real estate brokerage firm of Reed and Associates. Plaintiffs are residents of New York; defendants are residents of St. Croix.

Presently before the Court is defendants’ motion to dismiss the complaint for failure to state a claim upon which relief can be granted and a redemand of security for costs. Fed. R. Civ'. P. 12(b)(6), 5 V.I.C. § 547.…