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Plaintiff-appellant Daniel Chill and appellants (collectively, the "plaintiffs") appeal from a judgment entered in the United States District Court for the Southern District of New York (Keenan, J.) dismissing the complaint and denying plaintiffs leave to amend. The district court found that plaintiffs failed to allege facts that supported their claim that defendant-appellee General Electric Company ("GE") committed securities fraud in reporting the false profits generated by a bond trader at its subsidiary, Kidder, Peabody & Co., Inc. ("Kidder"). For the reasons that follow, we affirm the judgment of the district court.


101 F.3d 263 (1996)

Daniel CHILL, Plaintiff-Appellant, Paul Kay, Giza Schectman, Mayer Ballas, Douglas Marshall, Steven J. Weiss, M.D. Profit Sharing Plan and Michelle Ruder, Appellants, v. GENERAL ELECTRIC COMPANY, Defendant-Appellee.

No. 1534, Docket 95-9175.

United States Court of Appeals, Second Circuit.

Argued June 27, 1996.Decided November 27, 1996.New York Law School location: File #2466, Box #136