Arnlund v. Smith
District Court, E.D. Virginia
1Opinion of the Court
MEMORANDUM OPINION
SPENCER, District Judge.
This matter comes before the Court on Defendants’ Motion to Dismiss, pursuant to Federal Rule of Civil Procedure 12(b)(6), filed on December 17, 2001. For the reasons discussed below, Defendants’ Motion is' GRANTED in part and DENIED in part.
I. BACKGROUND
On November 26, 2001,- Plaintiffs filed their Complaint against Defendants, alleging federal securities fraud, common law fraud and conspiracy. Plaintiffs’ claims arise out of a series of alleged misrepresentations and omissions surrounding the financial condition of Heilig-Meyers Company (“the…
2Cases cited35 opinions
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