United States Third Circuit

Dismissal of plaintiffs' class-action claims alleging securities fraud pursuant to a motion under Federal Rule of Civil Procedure 12(b)(6) is affirmed where plaintiffs failed to establish a material statement or omission by defendant.

Appellate Information

• Decided 12/16/2005
• Published 12/16/2005

Judges

• AMBRO, Circuit Judge., Before ALITO, and AMBRO, Circuit Judges and RESTANI, Chief Judge.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• Sanford P. Dumain, (Argued), Milberg Weiss Bershad & Schulman, New York, NY, Daniel L. Berger, Erik J. Sandstedt, Bernstein Litowitz Berger & Grossman LLP, New York, NY, for Appellant.


• For Appellees:
  
• Daniel J. Kramer, (Argued), Paul, Weiss, Rifkind, Wharton & Garrison, New York, NY, Gregory B. Reilly, Deborah A. Silodor, Lowenstein Sandler, Roseland, NJ, for Appellees.