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Plaintiffs-appellants Gordon E. Allen, John Currier, James J. Dunne, Leo Fornero, Gerard P. Mandry, Norman K. Matheson, Bruce E. Moore, Nicholas Pallotta and Cochran B. Supplee (collectively, "appellants") appeal from a judgment entered in the United States District Court for the Southern District of New York (Conboy, J.) granting the motion of defendants-appellees WestPoint-Pepperell, Inc., D. Michael Roark, C. Powers Dorsett and Barry F. Shea (collectively, "WestPoint") to dismiss appellants' complaint pursuant to Fed. R.Civ.P. 12(b)(6).

We hold that appellants state in their complaint an adequate claim for rescission of an agreement releasing WestPoint from certain contractual obligations. Accordingly, we reverse the judgment dismissing the complaint and remand the case for further proceedings.


945 F.2d 40 (1991)

Gordon E. ALLEN; John Currier; James J. Dunne; Leo Fornero; Gerard P. Mandry; Norman K. Matheson; Bruce E. Moore; Nicholas Pallota; Cochran B. Supplee, Plaintiffs-Appellants,


WESTPOINT-PEPPERELL, INCORPORATED; D. Michael Roark; C. Powers Dorsett; Barry F. Shea, Defendants-Appellees.

Nos. 1678, 1679, Dockets 91-7230, 91-7374.

United States Court of Appeals, Second Circuit.

Argued June 25, 1991.

Decided September 11, 1991.

New York Law School location: File #1249, Box #128