Hirata Corp. v. J.B. Oxford & Co.

ENTRY GRANTING IN PART AND DENYING IN PART DEFENDANT’S MOTION TO DISMISS

BARKER, District Judge.

Plaintiffs, Hirata Corporation and Hirata Corporation of America (collectively “Hirata”), allege that Stratton Oakmont (“Stratton”), a New York-based securities broker, sold securities in Indiana without being properly registered in Indiana, including the sale of securities purchased with Hirata funds, and that Stratton’s actions were an attempt to defraud Hirata. Hirata filed suit in Indiana state court alleging that Defendant, J.B. Oxford & Company (“J.B. Oxford”) materially aided Stratton on both…