IN RE IVAN F. BOESKY SECURITIES LITIGATION

Nos. 87 Civ. 1865 (MP), 87 Civ. 1898 (MP). MDL No. 732. No. M21-45-MP.

669 F.Supp. 659 (1987)

In re IVAN F. BOESKY SECURITIES LITIGATION. ARDEN WAY ASSOCIATES, et al., Plaintiffs, v. Ivan F. BOESKY, et al., Defendants. GUINNESS ENTERPRISES, INC., Plaintiff, v. Ivan F. BOESKY, et al., Defendants.

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

September 24, 1987.


Attorney(s) appearing for the Case

Cadwalader, Wickersham & Taft, New York City by George D. Reycraft, Richard J. Wiener, Pamela Rogers Chepiga and Debra L. Brown, for plaintiffs Arden Way Associates, et al.

Arnold & Porter, Washington, D.C. by Richard J. Wertheimer and Richard P. Schifter, for plaintiff Guinness Enterprises, Inc.

Mudge Rose Guthrie Alexander & Ferdon, New York City by Audrey Strauss and Bart Timothy Schectman, for defendant Martin A. Siegel.

Fischetti & Pomerantz, New York City by Mark F. Pomerantz and David T. Grudberg, for defendant Dennis B. Levine.


MEMORANDUM

MILTON POLLACK, Senior District Judge:

Defendants Martin A. Siegel and Dennis B. Levine have moved to dismiss all claims against them in the Arden Way and Guinness Amended Complaints pursuant to Fed. R.Civ.P. 12(b)(6) and 9(b).

Plaintiffs are purchasers of securities issued by Ivan F. Boesky & Company, L.P. (the "Partnership") in 1986 when the Partnership was capitalized with approximately $1 billion in funds raised primarily...

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