Pa. Judge Denies Dismissal Bid In Merrill Lynch Film Spat

Law360, New York (January 11, 2013, 2:27 PM EST) -- A Pennsylvania federal judge on Wednesday refused to certify for appealability an October dismissal of racketeering claims against Merrill Lynch Pierce Fenner & Smith Inc. over an alleged investment scheme involving a failed film financing contract, saying an appeal now would needlessly postpone resolution of the case.

U.S. District Judge John E. Jones III denied the plaintiffs’ request to certify the order under Rule 54(b) — which would’ve allowed them to move ahead with an appeal to the Third Circuit — saying such a move would...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.