Legal Opinion
ANCHORBANK, FSB v. Hofer
Court of Appeals for the Seventh Circuit
Decided August 18, 2011No. 10-3935PublishedCited by 611 opinions
1Opinion of the Court
WILLIAMS, Circuit Judge.
AnchorBank and Plumb Trust Company, the Trustee for an AnchorBank investment fund, filed a civil suit against Clark A. Hofer, an employee of AnchorBank, alleging that Hofer engaged in a collusive trading scheme in violation of the Securities Exchange Act of 1934. Hofer moved to dismiss, asserting that the complaint was inadequately pleaded, and the court granted the motion to dismiss with prejudice. AnchorBank and Plumb appealed, and we find that the plaintiffs’ complaint sufficiently pleads a violation pursuant to Federal Rules of Civil Procedure 8(a) and 9(b), the…
2Cases cited23 opinions
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- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Swanson v. Citibank, N.A.Court of Appeals for the Seventh Circuit · 2010
- Budinich v. Becton Dickinson & Co.Supreme Court of the United States · 1988
- Bonte v. U.S. Bank, N.A.Court of Appeals for the Seventh Circuit · 2010
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3Cited by611 opinions
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- Robert Spierer v. Corey RossmanCourt of Appeals for the Seventh Circuit · 2015
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