CMNY Capital, L.P. v. Deloitte & Touche
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
LOWE, District Judge.
Before this Court is the motion filed July 12, 1991 by Deloitte & Touche (“D & T”) to dismiss for failure to state a claim and for failure to plead fraud with particularity. Fed.R.Civ.P. 12(b)(6), 9(b). For the following reasons, D & T’s motion to dismiss is denied with respect to plaintiffs’ federal securities claim, but granted with respect to plaintiffs’ state law negligence claim.
BACKGROUND
Defendant’s motion was referred to Magistrate Judge Naomi Reice Buchwald, who issued a Report and Recommendation (“R & R”) on May 29, 1992. Plaintiffs filed…
2Cases cited49 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
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- DelCostello v. International Brotherhood of TeamstersSupreme Court of the United States · 1983
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