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LANDY v. HELLER, WHITE & CO.

No. 88 Civ. 2932 (PKL).

783 F.Supp. 125 (1991)

Thomas M. LANDY, et al., Plaintiffs, v. HELLER, WHITE & COMPANY and World Information Systems, Defendants.

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

December 18, 1991.

Attorney(s) appearing for the Case

Beigel & Sandler, New York City, Elizabeth M. Toll, of counsel, for plaintiffs.

Kurzman Karelsen & Frank, New York City, Samuel A. Abady, of counsel, for defendant World Information Systems.

OPINION AND ORDER

LEISURE, District Judge.

This is an action under section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), the Racketeer Influenced and Corrupt Organizations Act ("RICO"), 18 U.S.C. §§ 1961-1968, and principles of common law fraud. Defendant World Information Systems ("WIS") now moves the Court to dismiss the RICO claim against it pursuant to Fed.R.Civ.P. 9(b) and 12(b)(6), for failure to plead fraud with...

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