Arnlund v. Deloitte & Touche LLP
District Court, E.D. Virginia
1Opinion of the Court
MEMORANDUM OPINION
PAYNE, District Judge.
Pursuant to Fed.R.Civ.P 12(b)(6), De-loitte & Touche, L.L.P. (“Deloitte”) has moved for the dismissal of the Amended Complaint in which Plaintiffs allege that Deloitte committed securities fraud under Section 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 783(b)) (the “1934 Act”) and Securities Exchange Commission Rule 10(b)(5) (“Rule 10(b)(5)”), and actual and constructive common law fraud. The grounds on which dismissal is urged are that: (1) Plaintiffs have failed to state a claim under the 1934 Act and Rule 10(b)(5) because -five of the…
2Cases cited60 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
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- Glaser v. Enzo Biochem, Inc.District Court, E.D. Virginia · 2003
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