Legal Opinion
Optimum Strategies Fund I, LP v. United States Oil Fund, LP
District Court, D. Connecticut
Decided March 15, 2023No. 3:22-cv-00511Unknown
1Opinion
UNITED STATES DISTRICT COURT DISTRICT OF CONNECTICUT OPTIMUM STRATEGIES FUND I, LP, Plaintiff, No. 3:22-cv-00511 (MPS) v. UNITED STATES OIL FUND, LP and UNITED STATES COMMODITY FUND, LLC, Defendants. RULING ON MOTION TO DISMISS I. INTRODUCTION Plaintiff Optimum Strategies Fund I, LP, brings this action against Defendants United States Oil Fund, LP (“USO” or “the Fund”) and United States Commodity Fund, LLC (“USCF”) alleging violations of Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F.R. § 240.10b-5 (Count One); Section…
2Cases cited32 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
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