Quaak v. Dexia, S.A.
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM AND ORDER
SARIS, District Judge.
I. INTRODUCTION
Class plaintiffs bring claims for securities fraud against Dexia Bank Belgium (“Dexia”), the successor to Artesia Banking Corp., S.A. (“Artesia”), the former chief commercial banker for Lernout & Hauspie Speech Products N.V. (“L & H”). 1 Defendant has moved to dismiss, arguing that the claims are time-barred and that their allegations fail" to support a claim for primary liability under Section 10(b) of the Securities Exchange Act of 1934,15 U.S.C. § 78j(b), and Rule 10b-5 promulgated by the Securities and Exchange- Commission (SEC), 17…
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