Legal Opinion
Ashland, Inc. v. MORGAN STANLEY & CO., INC.
District Court, S.D. New York
Decided March 30, 2010No. 09 CV 5415(RPP)PublishedCited by 19 opinions
1Opinion of the Court
OPINION AND ORDER
ROBERT P. PATTERSON, JR., District Judge.
Ashland Inc. and AshThree LLC (collectively “Ashland” or “Plaintiffs”) brought this action alleging securities fraud and related state law claims in connection with their purchase and retention of various Auction Rate Securities (“ARS”). Morgan Stanley & Co., Inc. (“Morgan Stanley” or “Defendant”) moves this Court to dismiss the first amended complaint (“FAC”) in its entirety.
1. Factual Allegations and Proceedings 1
A. The First Amended Complaint:
Plaintiffs filed the FAC on September 8, 2009. In it, they allege, “upon knowledge as to…
2Cases cited28 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
23 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Wilson v. Merrill Lynch & Co., Inc.Court of Appeals for the Second Circuit · 2011
- Ashland, Inc. v. Oppenheimer & Co., Inc.Court of Appeals for the Sixth Circuit · 2011
- Ashland, Inc. v. Morgan Stanley & Co., Inc.Court of Appeals for the Second Circuit · 2011
- In Re MRU Holdings Securities LitigationDistrict Court, S.D. New York · 2011
- Bd. of Managers of Trump Tower at City Ctr. Condo. v. PalazzoloDistrict Court, S.D. Illinois · 2018
14 more not listed; retrieve them via the Exa API.