MEMORANDUM OPINION
CHASANOW, District Judge.
Presently pending and ready for resolution in this securities fraud case is Defendants' Motion to Dismiss pursuant to Fed. R.Civ.P. 12(b)(1) or (6). The issues are fully briefed and the court now rules pursuant to Local Rule 105.6, no hearing being deemed necessary. For the reasons that follow, the motion will be granted in part and denied in part.
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