Contract Suit Over $435M Sale Of Dental Biz Tossed

Law360, New York (January 12, 2010, 2:57 PM EST) -- A federal judge has thrown out Forba Holding LLC's breach of contract suit stemming from the $435 million sale of the dental-practice management company, saying Forba failed to state a claim under recent U.S. Supreme Court precedents.

Judge Christine M. Arguello for the U.S. District Court for the District of Colorado granted the defendants' motion to dismiss, writing that Forba's complaint against the company's former owners did not meet the stringent pleading standards the Supreme Court established in its rulings in Ashcroft v. Iqbal and Bell...
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