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PITS, LTD. v. AMERICAN EXPRESS BANK INTERN.

No. 95 Civ. 2960 (RWS).

911 F.Supp. 710 (1996)

The PITS, LTD., Plaintiff, v. AMERICAN EXPRESS BANK INTERNATIONAL and American Express Bank Limited, Defendants.

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

January 16, 1996.

Attorney(s) appearing for the Case

Neal A. DeYoung, New York City, for Plaintiff.

Butler, Fitzgerald & Potter (Andrew W. Sidman, of counsel), New York City, for Defendants.

SWEET, District Judge.

In this action predicated upon claims for federal securities fraud, common law fraud, negligent misrepresentation, breach of fiduciary duty, and breach of contract, defendant American Express Bank Limited ("Limited") has moved pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure for an order dismissing all of the claims against it made by Plaintiff, The Pits, Ltd. ("The Pits"), on the grounds that the Complaint fails to state a...

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