Levitt v. Bear Stearns & Co.
Court of Appeals for the Second Circuit
1Opinion of the Court
MINER, Circuit Judge.
This is an appeal from a final judgment entered in the United States District Court for the Eastern District of New York (Spatt, /.), dismissing for failure to state a claim the complaint in a federal securities fraud class action filed against defendant-appellee Bear Stearns Securities Corp. and its corporate .parent, defendant-appellee Bear Stearns & Co., Inc. (collectively, “Bear Stearns”). See In re Sterling Foster & Co., Inc. Sec. Litig., 222 F.Supp.2d 312 (E.D.N.Y.2002) (“Levitt”). The putative plaintiff class consists of members of the public who purchased…
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