District Court, S.D. New York May 2, 1975, No. 74 Civ. 772-CLB (Rich v. Touche Ross & Co.)

MEMORANDUM DECISION

BRIEANT, District Judge.

Defendant Touche Ross & Co. has moved for an order pursuant to Rule 12(b), F.R.Civ.P., dismissing the amended complaint for failure to state a claim under the federal securities laws, and for lack of subject matter jurisdiction. Alternatively, the defendant seeks an order, pursuant to Rule 9(b), F.R.Civ.P.