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S.D. New York· 6/6/1996

In Re Blech Securities Litigation

Citations

  • 928 F. Supp. 1279
  • 1996 WL 306692

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that any questions regard ing the sufficiency of class allegations are “more appropriately considered in the context of a motion for class certification ----”
  • dismissing for failure to plead fraud with particularity where “[t]hroughout, the [c]omplaint never delineates the wrongdoing of any of the particular . . . [d]efendants.”
  • “The degree of particularity required for pleading a market manipulation scheme is not as demanding as it is when Rule 9(b
  • “As a matter of law, a clearing broker owes no duty of disclosure to the clients of an introducing broker.”
  • “[a]n inference of conscious or reckless behavior is created by the circumstances presented, including the close ties of Blech, Baird Patrick, and Prodani [Baird Patrick’s representative].”
  • defendant arranged “sham transactions” to inflate prices by improperly directing trades into and out of brokerage accounts at the firm without the authorization of the owners of the accounts

Source: CourtListener parenthetical corpus (CC0).

Judges: Sweet

Read full opinion on CourtListener

Cited by

35 cases in this archive cite this case; the 20 most cited are listed.

Cites

67 cases in this archive are cited by this case; the 20 most cited are listed.

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