GREENSTONE v. CAMBEX CORP.

Nos. 91-2241, 92-1026.

975 F.2d 22 (1992)

Amy GREENSTONE, and all Others Similarly Situated, Plaintiffs, Appellants, v. CAMBEX CORPORATION, et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided September 18, 1992.


Attorney(s) appearing for the Case

Roger W. Kirby with whom Jeffrey H. Squire, Kaufman, Malchman, Kaufmann & Kirby, New York City, Thomas G. Shapiro, Gretchen Van Ness, and Shapiro Grace & Haber, Boston, Mass., were on brief, for plaintiffs, appellants.

John D. Donovan, Jr. with whom Andrew C. Pickett and Ropes & Gray, Boston, Mass., were on brief, for defendants, appellees.

Before BREYER, Chief Judge, O'SCANNLAIN, and CYR, Circuit Judges.


BREYER, Chief Judge.

The question on this appeal is whether the appellant's complaint states a claim for fraud under the federal securities laws, 15 U.S.C. § 78j(b), a claim that she must plead "with particularity." Fed.R.Civ.P. 9(b). The district court held that it did not, and it dismissed the complaint. 777 F.Supp. 88. We affirm that decision.

I

The Allegations

The plaintiff (and appellant...

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