Robbins v. Moore Medical Corp.
District Court, S.D. New York
1Opinion of the Court
LASKER, District Judge.
In this securities fraud case, Moore Medical Corporation (“Moore Medical”) and its numerous individual codefendants move to dismiss the complaint 1 pursuant to Rules 12(b)(6) and 9(b), Fed.R.Civ.P.
The motion is denied.
I
Plaintiffs are shareholders who bought stock in Moore Medical, a pharmaceuticals company, during the asserted class period of May 10, 1988 through March 16, 1991. Their claim arises from losses Moore Medical suffered from its acquisition, operation and resale of a subsidiary generic drug manufacturing company, West-ward Incorporated (“West-ward”).
Plaintiff…
2Cases cited36 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Goldman v. BeldenCourt of Appeals for the Second Circuit · 1985
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- In Re Health Management, Inc. Securities LitigationDistrict Court, E.D. New York · 1997
- In re Vivendi Universal, S.A. Securities LitigationDistrict Court, S.D. New York · 2007
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