Vladimir et al v. Bioenvision, Inc. et al
||Bioenvision, Inc., Christpoher B. Wood and James S. Scibetta
||July 13, 2007
||US District Court for the Southern District of New York
||Foley Square Office
||Andrew J. Peck
||Sidney H. Stein
|Nature of Suit:
|Cause of Action:
||15 U.S.C. § 78 m(a) Securities Exchange Act
|Jury Demanded By:
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|March 31, 2009
OPINION AND ORDER #97341 Plaintiffs either have not alleged a duty to disclose the merger discussions or have failed to set forth their securities fraud claims with the requisite level of particularity. Plaintiffs therefore have failed to state a cla im upon which relief can be granted. The Bioenvision defendants motion to dismiss the complaint pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure is granted without prejudice. Perseus-Soross motion to dismiss is also granted without prejudice. If plaintiffs intend to submit a second supplemental amended complaint, they shall do so within 14 days of the entry of this Opinion and Order. (Signed by Judge Sidney H. Stein on 3/31/09) (mme) Modified on 4/1/2009 (mro).
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