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ROBYN MEREDITH, INC. v. LEVY

Civil Action No. 05-4736.

440 F.Supp.2d 378 (2006)

ROBYN MEREDITH, INC., H & W Partnership, Robyn Meredith (H.K.) Ltd., and Alan Wallace, Plaintiffs, v. Daniel H. LEVY and Maureen D. Schimmenti, Defendants.

United States District Court, D. New Jersey.

July 27, 2006.

Attorney(s) appearing for the Case

Eric M. Wood, Fox Rothschild LLP, Atlantic City, NJ, for Plaintiffs.

Lawrence M. Rolnick, Emily A. Kaller, Lowenstein Sandler PC, Roseland, NJ for Defendants.

OPINION

RODRIGUEZ, Senior District Judge.

This matter has come before the Court on Defendants' Motion to Dismiss the Complaint for failure to state a claim, pursuant to Fed.R.Civ.P. 12(b)(6). Because Plaintiffs' claims are not actionable under the federal securities laws, Defendants' motion will be granted.

FACTUAL BACKGROUND

This action arises from the sale of businesses and related...

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