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COMPUDYNE CORP. v. SHANE

No. 05 Civ. 4300 RWS.

453 F.Supp.2d 807 (2006)

COMPUDYNE CORP., et al., Plaintiffs, v. Hilary L. SHANE, et al., Defendants.

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

September 29, 2006.

Attorney(s) appearing for the Case

Klafter & Olsen LLP by Jeffrey A. Klafter, of Counsel, White Plains, NY, Klafter & Olsen LLP by Kurt B. Olsen, of Counsel, Washington, DC, for Plaintiffs.

Kramer Levin Naftalis & Frankel LLP by Arthur H. Aufses, III, Stephen M. Sinaiko, Craig L. Siegel, of Counsel, Dla Piper Rudnick Gray Cary U.S. LLP by Caryn Mazin Schechtman, of Counsel, New York, NY, for Defendants.

OPINION

SWEET, District Judge.

Defendants Hilary L. Shane ("Shane"), First New York Securities, L.L.C. ("FNY Securities"), FNY Millennium Partners, L.P. ("FNY Millennium"), and FNY Capital Corp. ("FNY Capital") (collectively, "Defendants"), have moved pursuant to Rules 9(b) and 12(b)6, Fed.R.Civ.P., and the Private Securities Litigation Reform Act ("PSLRA") to dismiss the first amended complaint ("FAC") of plaintiffs CompuDyne Corporation ("CompuDyne...

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