District Court, D. Connecticut June 11, 1993, Civ. No. 2:92CV00331 (PCD) (Sacks v. Savings Bank)

RULING ON MOTION TO DISMISS

DORSEY, District Judge.

Plaintiff alleges violations of federal securities laws and state law. Defendant Savings Bank of Rockville moves to dismiss.

I. Background

Facts alleged in the complaint are taken as true on a motion to dismiss. In early 1989, plaintiff bought an interest in Orchid Island Associates Limited Partnership from Richard Roberts Co.