Bischoff v. GK Scott & Co., Inc.
District Court, E.D. New York
1Opinion of the Court
MEMORANDUM OF DECISION AND ORDER
MISHLER, District Judge.
Plaintiff brings this action seeking damages for securities fraud and civil RICO violations. Defendants move to dismiss the action for failure to state a claim upon which relief can be granted and failure to plead fraud with requisite particularity. For the reasons set forth below the claims are dismissed.
FACTS
Plaintiff John H. Bischoff, Jr. (“Bischoff”) is an unsophisticated investor. 1 At all relevant times, defendant G.K. Scott & Co., Inc. (“Scott”) was a registered broker-dealer with the Securities and Exchange Commission (“SEC”) and…
2Cases cited48 opinions
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
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3Cited by16 opinions
- Craighead v. E.F. Hutton & Co.Court of Appeals for the Sixth Circuit · 1990
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- Securities & Exchange Commission v. HashoDistrict Court, S.D. New York · 1992
- Manela v. Garantia Banking Ltd.District Court, S.D. New York · 1998
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