Legal Opinion

Joyce v. Joyce Beverages, Inc.

Court of Appeals for the Second Circuit

Decided January 30, 1978No. 255, Docket 77-7262PublishedCited by 29 opinions

1Opinion of the Court

HAYS, Circuit Judge:

Plaintiffs-appellants appeal the dismissal of their complaint in an action brought under § 10(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78j(b) (1976), and Rule 10b-5, 17 C.F.R. § 240.-10b-5 (1977).

The complaint alleged that an “Information Statement” that accompanied a proposed exchange of stock contained various material omissions and misrepresentations. The defendants moved to dismiss the complaint pursuant to Fed.R.Civ.P. 12(b)(6) and 9(b) for failure to state a claim upon which relief can be granted and for failure to plead with particularity the…

2Cases cited3 opinions

  1. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  2. Elward v. Peabody Coal Co.Appellate Court of Illinois · 1956
  3. Joyce v. Joyce Beverages, Inc.District Court, S.D. New York · 1977

3Cited by29 opinions

  1. David Shapiro v. The Republic of Bolivia, the Bolivian Air Force and the Central Bank of BoliviaCourt of Appeals for the Second Circuit · 1991
  2. Fed. Sec. L. Rep. P 97,192 Alabama Farm Bureau Mutual Casualty Company, Inc., Etc. v. American Fidelity Life Insurance Company, Etc.Court of Appeals for the Fifth Circuit · 1980
  3. The Ltd., Inc. v. McCrory Corp.District Court, S.D. New York · 1988
  4. Vaughn v. Teledyne, Inc.Court of Appeals for the Ninth Circuit · 1980
  5. L'Europeenne De Banque v. La Republica De VenezuelaDistrict Court, S.D. New York · 1988

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