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LIN v. INTERACTIVE BROKERS GROUP, INC.

No. 08 Civ. 242(CM).

574 F.Supp.2d 408 (2008)

Seow LIN, on behalf of herself and all others similarly situated, Plaintiff, v. INTERACTIVE BROKERS GROUP, INC. and Thomas Peterffy, Defendants.

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

August 22, 2008.

Attorney(s) appearing for the Case

Jack Gerald Fruchter, Jeffrey Simon Abraham, Lawrence Donald Levit, Abraham Fruchter & Twersky LLP, New York, NY, for plaintiff.

Andrew J. Levander, Neil A. Steiner, Dechert, LLP (NYC), New York, NY, for defendants.

DECISION AND ORDER GRANTING IN PART AND DENYING IN PART DEFENDANTS' MOTION TO DISMISS

McMAHON, District Judge.

I. Introduction

Plaintiff brings this federal securities class action alleging violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933 (the "1933 Act"), codified at 15 U.S.C. §§ 77k, 77l(a) (2), and 77o, against Defendants Interactive Brokers Group, Inc....

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