United States Second Circuit

Reset A A Font size: Print

Fait v. Regions Financing Trust, 10-2311

In an action alleging violations of Sections 11 and 12 of the Securities Act of 1933, Rule 12(b)(6) dismissal by the district court is affirmed where defendants' statements were opinions, which plaintiff's complaint does not adequately allege misstated or omitted material facts regarding certain goodwill or loan loss reserves.

Appellate Information

  • Decided 08/23/2011
  • Published 08/23/2011

Judges

  • PARKER

Court

  • United States Second Circuit

Counsel