First Interregional Equity Corp. v. Haughton

OPINION

SWEET, District Judge.

Defendant Gateway Bank (“Gateway”) has moved to dismiss the counts against it in the Third Amended Complaint of First Interregional Equity Corporation (“First Interregional”) for lack of subject-matter jurisdiction and failure to state a claim pursuant to Rule 12(b)(1) and (6) of the Federal Rules of Civil Procedure. For the reasons set forth below, Gateway’s motion is denied.

Parties

First Interregional is a New Jersey corporation with its principal place of business in Short Hills, New Jersey. It is a broker-dealer licensed by the Securities Exchange Commission…