MORALES v. QUINTILES TRANSNATIONAL CORP.

No. 96 Civ. 4021(RO).

25 F.Supp.2d 369 (1998)

Richard MORALES, Plaintiff, v. QUINTILES TRANSNATIONAL CORP. and David Smith, Defendants.

United States District Court, S.D. New York.

Order Denying Reconsideration November 19, 1998.


Attorney(s) appearing for the Case

David Lopez, Southampton, NY, for Plaintiff.

Saul B. Shapiro, Douglas J. Widmann, Patterson, Belknap, Webb & Tyler LLP, New York City, for Defendants.


MEMORANDUM

OWEN, District Judge.

Plaintiff, a stockholder in Quintiles Transnational Corp., alleges a violation of § 16(b) of the Securities Exchange Act of 1934, codified at 15 U.S.C. § 78p(b) by defendant David Smith, a Quintiles insider in 1994-96, see Blau v. Lamb, 363 F.2d 507, 514 n. 6 (2d Cir.1966).1 Plaintiff and defendant both move for summary judgment pursuant to Rule...

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