Legal Opinion

Rich v. Touche Ross & Co.

District Court, S.D. New York

Decided May 2, 1975No. 74 Civ. 772-CLBPublishedCited by 60 opinions

1Opinion of the Court

MEMORANDUM DECISION

BRIEANT, District Judge.

Defendant Touche Ross & Co. has moved for an order pursuant to Rule 12(b), F.R.Civ.P., dismissing the amended complaint for failure to state a claim under the federal securities laws, and for lack of subject matter jurisdiction. Alternatively, the defendant seeks an order, pursuant to Rule 9(b), F.R.Civ.P., dismissing the amended complaint for failure to state “the circumstances constituting fraud . with particularity.”

Plaintiffs allege that Touche Ross served as the independent auditors and certified public accountants for Weis Securities, Inc.…

2Cases cited13 opinions

  1. Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
  2. Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
  3. Fed. Sec. L. Rep. P 93,590 David Segal v. Lawrence Gordon, and Coburn Corporation of AmericaCourt of Appeals for the Second Circuit · 1972
  4. Richard Shemtob v. Shearson, Hammill & Co., Inc.Court of Appeals for the Second Circuit · 1971
  5. Fed. Sec. L. Rep. P 94,365 Arthur Yale Kavit v. A. L. Stamm & Co., a Co Partnership, and Jack R. LevienCourt of Appeals for the Second Circuit · 1974

8 more not listed; retrieve them via the Exa API.

3Cited by60 opinions

  1. Fed. Sec. L. Rep. P 98,697 John P. Decker v. Massey-Ferguson, LimitedCourt of Appeals for the Second Circuit · 1982
  2. United States of America Ex Rel. Joel D. Joseph, and Joel D. Joseph v. Howard W. CannonCourt of Appeals for the D.C. Circuit · 1981
  3. Fed. Sec. L. Rep. P 98,777, 11 Fed. R. Evid. Serv. 781 Chemetron Corporation, Cross-Appellant v. Business Funds, Inc., Cross-AppelleesCourt of Appeals for the Fifth Circuit · 1982
  4. Haddon View Investment Co. v. CoopersOhio Supreme Court · 1982
  5. Valerio v. Boise Cascade Corp.District Court, N.D. California · 1978

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