Stanley Rubenstein v. Linda L. Adamany et. al., No. 1:2020cv02775 - Document 33 (S.D.N.Y. 2022)

Court Description: OPINION AND ORDER re: 21 MOTION to Dismiss Sole Remaining Claim (Count IV) in Plaintiff's Shareholder Derivative Complaint. filed by Jacob M. Katz, Linda L. Adamany, Joseph S. Steinberg, Michael T. O'Kane, Jefferies Financi al Group Inc., Francisco L. Borges, Stuart H. Reese, Jessee Clyde Nichols, III, W. Patrick Campbell, Michael Sorkin, Robert E. Joyal, MaryAnne Gilmartin, Richard B. Handler, Paul M. Dougan, Robert D. Beyer, Jeffrey C. Keil, Brian P. Freidman, Jame s E. Jordan, Alan J. Hirschfield, Barry J. Alperin, 28 MOTION to Dismiss Sole Remaining Claim (Count IV) in Plaintiff's First Amended Shareholder Derivative Complaint. filed by Jacob M. Katz, Linda L. Adamany, Joseph S. Steinberg, M ichael T. O'Kane, Jefferies Financial Group Inc., Francisco L. Borges, Stuart H. Reese, Jessee Clyde Nichols, III, W. Patrick Campbell, Michael Sorkin, Robert E. Joyal, MaryAnne Gilmartin, Richard B. Handler, Paul M. Dougan, Robert D. Beyer , Jeffrey C. Keil, Brian P. Freidman, James E. Jordan, Alan J. Hirschfield, Barry J. Alperin.The Amended Complaint fails to state a claim under Section 14(a). Because amendment would be futile, see Document Techs., Inc. v. LDiscovery, LLC, 731 F. Ap p'x 31, 33 (2d Cir. 2018), the Court GRANTS the motion to dismiss. The Clerk of Court is directed to terminate the motions at ECF Nos. 21 and 28 and close this case. SO ORDERED. (Signed by Judge Paul A. Crotty on 9/28/2022) (jca) Transmission to Orders and Judgments Clerk for processing.