District Court, S.D. New York November 5, 1985, 80 Civ. 506 (RJW) (Schuyt v. Rowe Price Prime Reserve Fund, Inc.)

OPINION

ROBERT J. WARD, District Judge.

This is an action brought pursuant to the Investment Company Act of 1940, as amended, 15 U.S.C. § 80a-1

et seq.

(“ICA”). Defendants T. Rowe Price Associates, Inc. (“Price Associates”), Carter O. Hoffman, Edward A. Taber III and George J. Collins move pursuant to Rule 12(b)(6), Fed.R. Civ.P., for an order dismissing Count III of the Third Amended Complaint.