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RESSLER v. LIZ CLAIBORNE, INC.

No. 94-CV-1118 CBA.

75 F.Supp.2d 43 (1999)

Emerich RESSLER, Carolyn Z. Peoples, Craig L. Johnson, Patti L. Houser Johnson, Gene Blessing, Alex Engel as Trustee for Silver Trust, and Jack Fishbaum on behalf of themselves and all others similarly situated, Plaintiffs, v. LIZ CLAIBORNE, INC., Jerome A. Chazen, Harvey L. Falk, Jay Margolis, Allen McNeary, Samuel M. Miller, Jack Listanowsky, Nina E. McLemore, and Leonard Boxer, Defendants.

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

August 14, 1999.

Attorney(s) appearing for the Case

Sanford P. Dumain (argued), Milberg Weiss Bershad Hynes & Lerach, New York City, Edwin J. Mills, Stull, Stull & Brody, New York City, Kirk E. Chapman, Milberg Weiss Bershad Hynes & Lerach, New York City, for plaintiffs.

Alan R. Friedman (argued), Kramer, Levin, Naftalis, Nessen, Kamin & Frankel, New York City, Marvin E. Frankel, Kramer, Levin, Naftalis, Nessen, Kamin & Frankel, New York City, Gregory A. Horowitz, Kramer, Levin, Naftalis, Nessen, Kamin & Frankel, New York City, for defendants.

MEMORANDUM & ORDER

AMON, District Judge.

Introduction

Defendants have moved to dismiss the second amended complaint in the abovecaptioned securities fraud action pursuant to Rules 12(b)(6) and 9(b) of the Federal Rules of Civil Procedure. For the reasons that follow, the Court grants defendants' motion and dismisses the second amended complaint.

Background

The second amended complaint is related to a previous...

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