Legal Opinion
Arco Capital Corporations Ltd. v. Deutsche Bank AG
District Court, S.D. New York
Decided June 6, 2013No. 12 Civ. 7270PublishedCited by 22 opinions
1Opinion of the Court
*535 OPINION
SWEET, District Judge.
Defendant Deutsche Bank AG (“Deutsche Bank” or the “Defendant”) has moved pursuant to Rules 9(b) and 12(b)(6) of the Federal Rules of Civil Procedure to dismiss the complaint (the “Complaint”) of plaintiff Arco Capital Corporation Ltd. (“Arco” or the “Plaintiff’).
Upon the conclusions set forth below, the motion of Deutsche Bank to dismiss the cause of action for securities fraud is granted with leave to replead within 20 days, and supplemental jurisdiction over Arco’s state law claim is declined.
I. Prior Proceedings
On September 27, 2012, Arco filed the Complaint…
2Cases cited30 opinions
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- Scheuer v. RhodesSupreme Court of the United States · 1974
- Carnegie-Mellon University v. CohillSupreme Court of the United States · 1988
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
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3Cited by22 opinions
- Giunta v. DingmanCourt of Appeals for the Second Circuit · 2018
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- Kaplan v. S.A.C. Capital Advisors, L.P.District Court, S.D. New York · 2014
- Wiedis v. Dreambuilder Investments, LLCDistrict Court, S.D. New York · 2017
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