STROUGO v. BEA ASSOCIATES

No. 98 CIV 3725 RWS.

188 F.Supp.2d 373 (2002)

Robert STROUGO, Plaintiff, v. BEA ASSOCIATES, Defendant, and The Brazilian Equity Fund, Inc., Nominal Defendant.

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

February 21, 2002.


Attorney(s) appearing for the Case

Wechsler Harwood Halebian & Feffer, New York City (Joel C. Feffer, Daniella Quitt, of Counsel), Rubin & Rubin, Chartered, Rockville, MD (Ronald B. Rubin, of Counsel), for Plaintiff.

Willkie Farr & Gallagher, New York City (Lawrence O. Kamin, of Counsel), for Defendant Bea Associates.


OPINION

SWEET, District Judge.

Defendant Credit Suisse Asset Management LLC ("CSAM"), formerly known as BEA Associates, the investment adviser for the Brazilian Equity Fund, Inc. (the "Fund"), has moved under Rule 56, Fed. R.Civ.P., to dismiss the Second Amended Complaint (the "Complaint") of plaintiff Robert Strougo ("Strougo"), a shareholder in the Fund, which alleged violations of Section 36(a) and...

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