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RAND-HEART OF NEW YORK, INC. v. DOLAN

No. 15-1838.

812 F.3d 1172 (2016)

RAND-HEART OF NEW YORK, INC.; Michael Rodolico; Ian Henderson; Antonino Floridia; Matthew Dudevoir; David Hall; Tammy Hall, individually and on behalf of all others similarly situated, Plaintiffs-Appellants v. James P. DOLAN; Vicki J. Duncomb, Defendants-Appellees.

United States Court of Appeals, Eighth Circuit.

Filed: February 10, 2016.

Attorney(s) appearing for the Case

Thomas J. McKenna , argued, New York, NY ( Shawn M. Perry , of Minneapolis, MN, on the brief), for Appellants.

Wendy J. Wildung , argued, and Justin P. Krypel , on the brief, Minneapolis, MN, for Appellee.

Before SMITH, BYE, and BENTON, Circuit Judges.

Rand-Heart of New York, Inc. brought a putative class action on behalf of purchasers of Dolan Company's securities between August 1, 2013 and January 2, 2014, under Sections 10(b) and 20(a) of the Securities Exchange Act. The District Court dismissed for failure to state a claim under Federal Rule of Civil Procedure 12(b)...

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