In Re Integrated Resources Real Estate Ltd. Partnerships Securities Litigation

How courts have described this case

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

• Alleging acts of mail fraud after a securities offering “cannot satisfy the continuity requirement necessary to establish a RICO pattern”
• dismissing plaintiffs’ RICO action because it “is nothing more than an ordinary fraud case clothed in the Emperor’s trendy garb”
• plaintiffs on inquiry notice where they received letter reporting low occupancy rates, “the very facts they claim to be the fraud”
• “Once [p]laintiffs are placed on inquiry notice... alleged subsequent reassurances cannot be invoked to further toll the limitations period.”
• six-month scheme of racketeering “inadequate to establish closed-ended continuity”
• plaintiffs bear burden of proving diligence

Source: CourtListener parenthetical corpus (CC0).