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BURMAN v. PHOENIX WORLDWIDE INDUSTRIES, INC.

No. CIV.A.04-1276(RBW).

384 F.Supp.2d 316 (2005)

Paul L. BURMAN, et al., Plaintiffs, v. PHOENIX WORLDWIDE INDUSTRIES, INC., et al., Defendants.

United States District Court, District of Columbia.

August 30, 2005.

Attorney(s) appearing for the Case

Danielle M. Espinet, Rolinski, Terenzio & Suarez, L.L.P., Potomac, MD, Philip M. Musolino, Musolino & Dessel, Washington, DC, for Plaintiffs.

Kenneth A. Martin, Martin & Associates P.L.L.C., McLean, VA, Luis Sergio Konski, Becker & Poliakoff, P.A., Miami, FL, Thomas S. Schaufelberger, Paul A. Fitzsimmons, Wright, Robinson, Osthimer & Tatum, Washington, DC, for Defendants.

MEMORANDUM OPINION

WALTON, District Judge.

The plaintiffs bring this action alleging "statutory securities fraud, common law fraud and misrepresentation, negligent misrepresentation, breach of fiduciary duty and negligence." First Amended Complaint ("Compl.") at 1.1 Currently before the Court is defendant Phoenix Worldwide Industries, Inc. ("Phoenix") and Dr. J. Al Esquivel Shuler ("Shuler")'s Rule 12(b)(6) Motion to Dismiss...

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