Robert J. Meyer v. William Britton Greene
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
WILSON, Circuit Judge:
The City of Southfield Fire & Police Retirement System (“Southfield” or the “Investors”) appeals the dismissal of its consolidated class-action securities fraud complaint against the St. Joe Company (“St. Joe” or the “Company”) and St. Joe’s current and former officers for alleged violations of §§ 10(b) and 20(a) of the Securities Exchange Act of 1934 (Exchange Act), 15 U.S.C. §§ 78j(b), 78t(a), and Securities and Exchange Commission (SEC) Rule 10b-5, 17 C.F.R. § 240.10b-5. The Investors argue that the district court erred in holding that they failed to adequately plead…
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