Levner v. Saud
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM AND ORDER
PRESEA, District Judge.
Defendant, Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud (“Alwaleed”), moves for summary judgment on Count I of the amended complaint, and both Alwaleed and Citicorp move to dismiss Counts II through IV. The plaintiff, Lawrence H. Levner (“Levner”), moves for leave to file a second amended complaint. For the following reasons, the defendants’ motions are granted and Lev-ner’s motion is denied.
Background
Levner, the owner of certain Citicorp common stock, has commenced this derivative action against Alwaleed and Citicorp, a bank holding company…
2Cases cited27 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Foman v. DavisSupreme Court of the United States · 1962
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Ross v. BernhardSupreme Court of the United States · 1969
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