Burzotta et al v. Manulife Financial Corporation et al
| Eugene Burzotta |
| Manulife Financial Corporation, Dominic D'Alessandro and Peter Rubenovitch |
| 1:2009cv06185 |
| July 9, 2009 |
| US District Court for the Southern District of New York |
| Foley Square Office |
| New York |
| John F. Keenan |
| Plaintiff |
| 15 U.S.C. ยง 78 m(a) Securities Exchange Act |
| Plaintiff |
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Filing
46
OPINION AND ORDER: Having been given the opportunity to amend their pleadings,Plaintiffs have failed to plead materiality, scienter, or loss causation. If Plaintiffs have thus failed to state a claim for securities fraud. Defendants' motion to dismiss the SAC is therefore granted with prejudice. SO ORDERED. (Signed by Judge John F. Keenan on 9/19/2012) (ama)
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Filing
37
OPINION AND ORDER: As discussed above, Lead Plaintiffs have failed adequately to state its claims for securities fraud under § 10(b) of the '34 Act or Rule 10b-5 and its control-person claims under § 20(a) of the '34 Act. Therefor e, Manulife and the Individual Defendants' motion to dismiss the Amended Complaint is GRANTED. Lead Plaintiffs are granted sixty (60) days from the entry of this Opinion and Order to file a second amended complaint. Manulife and the Individual Defendants shall answer or otherwise respond to this second amended complaint, if filed, within forty-five (45) days of service. (Signed by Judge John F. Keenan on 5/23/2011) Filed In Associated Cases: 1:09-cv-06185-JFK, 1:09-cv-07752-JFK(jfe)
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