Chashin v. Mencher

MEMORANDUM

TENNEY, District Judge.

Certain of the named defendants (being the only defendants served herein) move, pursuant to Rule 12(b) (6) of the Federal Rules of Civil Procedure for dismissal of the second amended complaint for failure to state a claim upon which relief can be granted.

Plaintiff, a stockholder of defendant Virginia Iron, Coal & Coke Company (hereinafter referred to as “Virginia Iron”), whose stock is traded on the American Stock Exchange, purports to bring this action individually and as a representative of all of the stockholders of Virginia Iron, claiming a violation by…