Legal Opinion

Lewis v. Marine Midland Grace Trust Co.

District Court, S.D. New York

Decided November 5, 1973No. 68 Civ. 1764-ELPPublishedCited by 11 opinions

1Opinion of the Court

PALMIERI, District Judge.

Motions to Dismiss

This is an action by purchasers and holders of Webb & Knapp debentures alleging violations of the Securities Exchange Act of 1934 by the officers and directors of Webb & Knapp, Harris-Kerr, the accountants of Webb & Knapp, and Marine Midland, the indenture trustee. Each of these defendants has made identical motions for judgment on the pleadings pursuant to Rule 12(c), Fed. R.Civ.P., dismissing the amended and supplemental complaint filed on April 6, 1971 (hereinafter the “complaint”) on the grounds that (1) it fails to state a claim upon which…

2Cases cited60 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Foman v. DavisSupreme Court of the United States · 1962
  3. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  4. Blonder-Tongue Laboratories, Inc. v. University of Illinois FoundationSupreme Court of the United States · 1971
  5. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972

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3Cited by11 opinions

  1. Fed. Sec. L. Rep. P 95,351 Billie Jean Woodward v. Metro Bank of DallasCourt of Appeals for the Fifth Circuit · 1975
  2. American Electric Power Co. v. Westinghouse Electric Corp.District Court, S.D. New York · 1976
  3. Gross v. Diversified Mortgage InvestorsDistrict Court, S.D. New York · 1977
  4. Vulcan Society of Westchester County v. Fire Department of White PlainsDistrict Court, S.D. New York · 1979
  5. Fed. Sec. L. Rep. P 96,874 First Interstate Bank of Denver, N.A. And Jack K. Naber v. Roy I. Pring and Central Bank and Trust Company of DenverCourt of Appeals for the First Circuit · 1992

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