BREARD v. SACHNOFF & WEAVER, LTD.

No. 1562, Docket 91-7166.

941 F.2d 142 (1991)

Robert A. BREARD; George Eberhardt, James V. Gardella, Victor M. Gardella, Aaron Henschel, Walter A. Johnston, Harold T. Moscatiello, George E. Murphy, Bharat R. Patel, Harvey E. Patterson, Howard Zimmerman, Gary Forman, Plaintiffs-Appellants, v. SACHNOFF & WEAVER, LIMITED, Defendant-Appellee.

United States Court of Appeals, Second Circuit.

Decided August 12, 1991.


Attorney(s) appearing for the Case

Robert J. LaRocca, Philadelphia, Pa. (Harold E. Kohn, Joanne Zack, Kohn, Savett, Klein & Graf, P.C., Philadelphia, Pa., Amy K. Damen, Damen & Sullivan, White Plains, N.Y., of counsel), for plaintiffs-appellants.

Scott M. Himes, New York City (James A. Mitchell, Stillman, Friedman & Shaw, P.C., of counsel), for defendant-appellee.

Before OAKES, Chief Judge, and CARDAMONE and WALKER, Circuit Judges.


OAKES, Chief Judge:

George A. Breard and eleven others (collectively, "investors") appeal from a judgment of the United States District Court for the Southern District of New York, Leonard B. Sand, Judge, dismissing their complaint for failure to plead fraud with particularity. Because we find that the complaint alleges sufficient facts to meet the pleading requirements of the Federal Rules of Civil Procedure, we reverse and remand.

BACKGROUND

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