United States Fourth Circuit

Dismissal of a securities fraud complaint against defendant and its officers, pursuant to FRCP 12(b)(6) and provisions of the Private Securities Litigation Reform Act of 1995, is affirmed where the allegations fail to provide the strong inference of scienter required by the PSLRA.

Appellate Information

• Decided 12/22/2003
• Published 12/22/2003

Judges

• Before WILKINS, Chief Judge, and WIDENER and LUTTIG, Circuit Judges.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED:Andrew M. Schatz, Schatz & Nobel, P.C., Hartford, Connecticut, for Appellants.  Glenn M. Kurtz, White & Case, New York, New York, for Appellees. ON BRIEF:  Jeffrey S. Nobel, Schatz & Nobel, P.C., Hartford, Connecticut;  Charles Juster Piven, Law Office Of Charles J. Piven, Baltimore, Maryland, for Appellants.