Vladimir Maliarov, individually and on behalf of all others similarly situated, Plaintiffs, v. UBS LLC LLC USA LLC EM LLC (2018)

United States Court of Appeals, Second Circuit.

Fred EISNER, Strahinja Ivoševič, Lead Plaintiffs-Appellants, Mathew Abram, individually and on behalf of all others similarly situated, Jawed Arsani, Rajiv Sharma, Consolidated Plaintiffs, Vladimir Maliarov, individually and on behalf of all others similarly situated, Plaintiffs, v. EROS INTERNATIONAL PLC, Jyoti Deshpande, Andrew Heffernan, Prem Parameswaran, Kishore Lulla, Defendants-Appellees, Rishika Lulla, David Maisel, Consolidated Defendants, Vijay Ahuja, Naresh Chandra, Dilip Thakkar, Sunil Lulla, Michael Kirkwood, Ken Naz, Deutsche Bank Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC, Jefferies LLC, Credit Suisse Securities (USA) LLC, EM Securities LLC, Defendants.

17-3415-cv

Decided: August 21, 2018

PRESENT: José A. Cabranes, Gerard E. Lynch, Circuit Judges, Edward R. Korman, District Judge.*

FOR LEAD PLAINTIFFS-APPELLANTS: David J. Goldsmith (Alfred L. Fatale III, on the brief), Labaton Sucharow LLP, New York, NY. FOR DEFENDANTS-APPELLEES: Stephen W. Tountas (Michael J. Bowe, on the brief), Kasowitz Benson Torres LLP, New York, NY.

SUMMARY ORDER

Lead Plaintiffs-Appellants appeal the judgment of the District Court dismissing their Amended Consolidated Class Action Complaint for failure to state a claim upon which relief can be granted. We assume the parties’ familiarity with the underlying facts, the procedural history of the case, and the issues on appeal. After reviewing the whole record, we affirm the District Court’s judgment for substantially the same reasons as those given by the District Court in its Memorandum & Order at 7–13, 17, Eisner v. Eros Int’l PLC, No. 1:15-cv-08956-AJN (S.D.N.Y. Sept. 22, 2017), ECF No. 79.

CONCLUSION

We have reviewed all of the arguments raised by Lead Plaintiffs-Appellants on appeal and find them to be without merit. The November 2, 2017 judgment of the District Court is AFFIRMED.

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