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DENNY v. BARBER

No. 666, Docket 77-7561.

576 F.2d 465 (1978)

Frank DENNY, Plaintiff-Appellant, v. Charles F. BARBER, James H. Binger, Willard C. Butcher, John T. Connor, C. W. Cook, J. Richardson Dilworth, Patricia Roberts Harris, Theodore M. Hesburgh, William R. Hewlett, J. K. Jamieson, Ralph Lazarus, Robert D. Lilley, Leonor F. Loree, II, John H. Loudon, Jeremiah Milbank, Charles F. Myers, Jr., James A. Perkins, David Rockefeller, J. Henry Smith, Whitney Stone, John E. Swearingen, The Chase Manhattan Corporation and Peat, Marwick, Mitchell & Co., Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided May 17, 1978.

Attorney(s) appearing for the Case

Irving Bizar, New York City (Malcolm S. Taub, New York City, of counsel), for plaintiff-appellant.

William E. Hegarty, New York City (Cahill, Gordon & Reindel, and Allen S. Joslyn, Patricia A. Pickrel, and Leonard P. Novello, New York City, of counsel), for defendant-appellee, Peat, Marwick, Mitchell & Co.

Edward J. Reilly, New York City (Milbank, Tweed, Hadley & McCloy, and William E. Jackson and Peter A. Copeland, New York City, of counsel), for defendants-appellees, The Chase Manhattan Corp. and Certain Individuals.

Before FRIENDLY, MULLIGAN and MESKILL, Circuit Judges.

FRIENDLY, Circuit Judge:

This is an appeal from an order of Judge Lasker in the District Court for the Southern District of New York dismissing an amended complaint in a stockholder's purported class action alleging violations of §§ 10(b), 18 and 20 of the Securities Exchange Act and the Securities and Exchange Commission's Rule 10b-5 for failure to allege fraud with the "particularity" required by F.R.Civ.P. 9(b) and to state a claim on which relief could...

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