Lentell v. Merrill Lynch & Co.
Court of Appeals for the Second Circuit
1Opinion of the Court
JACOBS, Circuit Judge.
John Kilgour Lentell and Brett and Juliet Raynes, as lead plaintiffs for purchasers of the publicly traded stock of two internet companies, appeal from the dismissal by the United States District Court for the Southern District of New York (Pollack, J.) of their securities-fraud actions against Merrill Lynch & Co. and its former star analyst, Henry M. Blodget (collectively, “Merrill Lynch,” “Merrill,” or “the Firm”). In a nutshell, plaintiffs allege that Merrill, through Blodget and other research analysts, issued false and misleading reports recommending that investors…
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- Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
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