District Court, S.D. New York August 22, 2008, 08 Civ. 242(CM) (Lin v. Interactive Brokers Group, Inc.)

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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 II, 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.