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SPEAR, LEEDS & KELLOGG v. PUBLIC SERV. CO. OF N.H.

No. 87 Civ. 8591 (LFM).

700 F.Supp. 791 (1988)

SPEAR, LEEDS & KELLOGG and Elliot Associates, L.P., Plaintiffs, v. PUBLIC SERVICE COMPANY OF NEW HAMPSHIRE, Robert J. Harrison, John C. Duffett, Charles E. Bayless, D. Pierre Cameron, George Branscombe, William B. Derrickson, Hillary P. Cleveland, Fred B. Roedel, William J. Scharffenberger, William M. Scranton, Edward M. Shapiro, William C. Tallman, Hugh C. Tuttle, Philip S. Dunlap, Phillip B. Ryan, George A. Dorr, Jr. and John T. Schiffman, Defendants.

United States District Court, S.D. New York.

December 13, 1988.

Attorney(s) appearing for the Case

Cahill Gordon & Reindel by Thomas R. Jones, Kevin J. Burke and Dean R. Nicyper, New York City, for individual defendants.

Dickstein, Shapiro & Morin by Howard Schiffman and Sallie H. Helm, New York City, for plaintiffs.

OPINION

MacMAHON, District Judge.

Moving defendants, individual officers and directors of defendant Public Service Company of New Hampshire ("PSNH"), move (1) to dismiss the second amended complaint for failure to plead fraud with particularity, pursuant to Rule 9(b), Fed.R. Civ.P., or, in the alternative (2) for summary judgment, pursuant to Rule 56, Fed.R. Civ.P.; (3) to dismiss plaintiffs' newly-added claim against the individual defendants as persons...

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