The following concepts will be explored: The idea that individual and social responses to the environment can impact human health, particularly with regard to the ability to fight off infectious disease is not new.
Citing Case F. Order Denying Reconsideration August 12, Haber, Michelle Blauner, Theodore M. United States District Court, S. Interliant consolidated actions for, inter alia, 1 failure to state a claim upon which relief can be granted, pursuant to Rule 12 b 6 of the Federal Rules of Civil Procedure, and 2 failure to plead fraud with particularity, as required by the Private Securities Litigation Reform Act of Reform Act see 15 U.
Individual defendant Henry Blodget Blodget joins the motion. Securities firms had traditionally employed on their rosters paid professional analysts to furnish their opinions and predictions of future targets of prices for the securities being handled by the firms, in effect "risk advisors.
No customer relationship with defendants is claimed by the plaintiffs; no fiduciary or contractual relations existed, at least none is claimed.
Those analyst "seers" and their employers have been faulted in the present cases with having conflicting self-interests which influenced and impaired the publicized advice and opinions by exhortations of "BUY" advice and "Target" expectations to market speculators in the then popular internet field.
At the times here involved, the stock markets were in the throes of a colossal "bubble" of panic proportions.
Speculators abounded to capitalize on the opportunities presented by this bubble. The market "bubble" burst intervened before plaintiffs got out of their holdings and their holdings lost value.
The plaintiffs, learning of the subsequent actions of the regulators concerning the conflicts mentioned above, rushed to the courts in these cases seeking to recover the losses they experienced due to the intervening cause, the burst of the bubble. The companies involved herein were duly registered with the SEC.
Their assets, liabilities and economics were there disclosed for any holder or purchaser including these plaintiffs to evaluate at his own risk. What was missing, was what a willing buyer would pay to a willing seller to own the stock-with all the relevant information of the fully published underlying corporate values there for everyone to see and evaluate.
In the euphoric early phase of the bubble experienced by the market-buyers of stock traded in the optimistic expectation of finding someone who valued acquiring and possessing the stock at a level higher than the holder did—even if some of the risk analysts of the stock privately had doubts from time to time, on price, future market value, but not underlying assets.
Those who listened to those prognostications were rewarded with huge paper profits if they cashed in — depending on the cycle of the bubble. Others missed out with the collapse of the fever. Seeking to lay the blame for the enormous Internet Bubble solely at the feet of a single actor, Merrill Lynch, plaintiffs would have this Court conclude that the federal securities laws were meant to underwrite, subsidize, and encourage their rash speculation in joining a freewheeling casino that lured thousands obsessed with the fantasy of Olympian riches, but which delivered such riches to only a scant handful of lucky winners.
Those few lucky winners, who are not before the Court, now hold the monies that the unlucky plaintiffs have lost-fair and square-and they will never return those monies to plaintiffs.
Had plaintiffs themselves won the game instead of losing, they would have owed not a single penny of their winnings to those they left to hold the bag or to defendants. Plaintiffs have failed to adequately plead that defendant and its former chief internet analyst caused their losses.
From February through Decemberdefendant Blodget was a first vice president of Merrill Lynch and its primary analyst for companies in the internet sector.
Reliance is alleged through the fraud-on-the-market theory. None of the plaintiffs alleges actually to have seen or read the analyst reports themselves.
Indeed, none of the plaintiffs claims to have been a customer of Merrill Lynch or to have purchased the securities through Merrill Lynch; all concede that they were non-client purchasers. Soon after the affidavit became public, plaintiffs filed these federal class action suits now consolidated before this Court against defendants alleging violations of the federal securities laws, including the federal provisions mentioned above.
The Dinallo affidavit notes that the state regulations pursuant to which the Attorney General proceeded impose entirely different legal requirements. The reports show that the internet issuer companies were the primary sources of information for the Merrill Lynch analysts in forming their opinions.Apr 12, · The moisture changes the chemical balance of the skin, and often without adequate ventilation and care, a route for bacterial infection.
In either case, pressure on the wound area, increased bacteria and moisture, all contribute to the lesions becoming rather serious (Gefen, ).
In re MERRILL LYNCH & CO., INC. Research Reports Securities Litigation In re Merrill Lynch & Co., Inc. 24/7 Real Media, Inc. Research Reports Securities Litigation In re Merrill Lynch & Co., Inc. Interliant, Inc. Research Reports Securities Litigation.
Oct 27, · At parts per million, however, the person loses reasoning and balance and possibly experiences respiratory disturbance. When a person is exposed to to 1, parts per million for up to an hour, death may occur within minutes. Download-Theses Mercredi 10 juin 6 days ago · The Financial Stability Board report highlighted the potential use of AI tools by central banks and prudential authorities for applications ranging from systemic risk identification to detecting fraud and money laundering (Financial Stability Board, Artificial Intelligence and Machine Learning).
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