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SHUSHANY v. ALLWASTE, INC.

No. 92-2519.

992 F.2d 517 (1993)

Felix SHUSHANY, and Shepard Bartnoff, Plaintiffs-Appellants, v. ALLWASTE, INC., and Raymond L. Nelson, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied June 22, 1993.

Attorney(s) appearing for the Case

Thomas E. Bilek, Jacalyn D. Scott, Wilshire, Scott & Dyer, Houston, TX, Theodore C. Anderson, W.D. Masterson, Kilgore & Kilgore, Dallas, TX, Menachem E. Lifshitz, New York City, for plaintiffs-appellants.

Philip J. John, William Karl M. Kroger, Baker & Botts, Houston, TX, for Allwaste, Inc.

Before WIENER, BARKSDALE, and DeMOSS, Circuit Judges.

BARKSDALE, Circuit Judge:

In issue is the degree of particularity required by Fed.R.Civ.P. 9(b) to plead fraud, especially securities fraud. Felix Shushany and Shepard Bartnoff appeal the dismissal with prejudice, for failure to comply with the rule, of their consolidated action against Allwaste, Inc., and Raymond L. Nelson. We AFFIRM.

I.

Allwaste is a diversified environmental services company. One of its subsidiaries, Allwaste Asbestos Abatement...

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