Nicholas La Grasta, Domenico La Grasta, and Mauro La Grasta, on Behalf of Themselves and All Others Similarly Situated v. First Union Securities, Inc.

How courts have described this case

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

• explaining that “a Rule 12(b)(6) dismissal on statute of limitations grounds is appropriate only if it is apparent from the face of the complaint that the claim is time-barred”
• explaining that “plaintiffs are not required to negate an affirmative defense in their complaint”
• reversing dismissal and stating “on this record, it is not apparent on the face of the complaint that the securities fraud claim is time-barred”
• permitting court on motion to dismiss to consider documents central the complaint and matters judicially noticed
• restricting the Court’s review “to the well-pleaded factual allegations, documents central to or referenced in the complaint, and matters judicially noticed.”
• reversing dismissal and stating “on this record, it is not apparent on the face of the complaint that the securities fraud claim is time-barred”

Source: CourtListener parenthetical corpus (CC0).