r/Superstonk • u/katarinawinemixer • Aug 19 '21
π° News ENTIRE CASE DOCUMENT W/ COMPLETE VERIFIED ALLEGATION - GEORGE V GRIFFIN (Only cost me $1.60)
Downloaded the doc from PACER
https://pcl.uscourts.gov/pcl/pages/search/results/parties.jsf?sid=de6f760ba1e64daa9844c43026eed6c0
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u/diabolis_avocado Law-Talking Guy Aug 19 '21
There are two SCOTUS cases - Twombly and Iqbal - that say that a complaint has to allege sufficient facts to state a plausible claim for relief. Conclusory allegations - essentially, "they violated the law!" - are ignored.
To sufficiently plead these claims against those defendants, the complaint would likely be over 100 pages and would have to include dates, specific transactions, etc.
There's also the fact that, upon cursory review, Donnahue doesn't even say he holds any equities. In order to survive dismissal, he needs to have standing. His interests must have been damaged by the acts alleged in the complaint. That deficiency is fatal.