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CIRESI v. CITICORP

No. 90 Civ. 3374 (RO).

782 F.Supp. 819 (1991)

CIRESI v. CITICORP, et al.

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

September 17, 1991.

Attorney(s) appearing for the Case

Richard Greenfield, Brenda M. Nelson, Michael D. Gottsch, Greenfield & Chimicles, Haverford, Pa., for plaintiff.

Joseph T. McLaughlin, Kenneth Caruso, Lawrence J. Slattery, Shearman & Sterling, New York City, for defendants.

ENDORSED MEMORANDUM

OWEN, District Judge:

This action brought by a Citicorp shareholder on behalf of a purported class of similarly situated shareholders attributes, in general terms, Citicorp's recent financial losses to securities fraud on the part of Citicorp, its officers and directors.1 Defendants deny any wrongdoing and move to dismiss the amended complaint for failure to state...

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