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on that it should be acted upon; and (5) that the plaintiff acted ("8] upon it to his damage."' Financial Trust Co., 268 F. Supp.2d at 575 (quoting Shapiro v. UJB Fin. Corp., 964 F.2d 272, 284 (3d Cir. 1992)). The defendants base their argument that plaintiffs have failed to state a claim upon which r
story' - that is the 'who, what, when, where and how of the events at issue."' In re Rockefeller Ctr. Props., Inc., 311 F.3d at 217 (quoting In re Burlington Coat Factory Sec. Litig., 114 F.3d 1410, at ["**438] 1422). However, the ["4] Third Circuit Court of Appeals has held that the "requirements of Rule 9(b) may be sat
falsity by the person to whom it was made; (4) the intention that it should be acted upon; and (5) that the plaintiff acted upon it to his damage." Shapiro v. UJB Fin. Corp.. 964 F.2d 272, 284 (3d Cir.1992). Although the rule does not require a recitation of "every material detail" of the alleged fraud,
d reduce( ] the number of frivolous suits brought solely to extract settlements? In re Rockefeller Ctr. Props.. inc.. 311 F.3d at 215 (quoting In re Burlington Coat Factory Sec. Litig., 114 F.3d at 1418). "Rule 9(b) requires a plaintiff to plead (1) a specific false representation of material fact; (2) knowledge by the per
falsity by the person to whom it was made; (4) the intention that it should be acted upon; and (5) that the plaintiff acted upon it to his damage." Shapiro v. UJB Fin. Corp., 964 F.2d 272, 284 (3d Cir.1992). Although the rule does not require a recitation of "every material detail" of the alleged fraud,
d reduce[ ] the number of frivolous suits brought solely to extract settlements: In re Rockefeller Ctr. Props.. Inc.. 311 F.3d at 215 (quoting In re Burlington Coat Factory Sec. Litig., 114 F.3d at 1418). "Rule 9(b) requires a plaintiff to plead (1) a specific false representation of material fact; (2) knowledge by the per
falsity by the person to whom it was made; (4) the intention that it should be acted upon; and (5) that the plaintiff acted upon it to his damage." Shapiro v. UJB Fin. Corp., 964 F.2d 272, 284 (3d Cir. 1992). Although the rule does not require a recitation of EFTA01726537 Financial Trust Co., Inc. v.
reduce[] the number of frivolous suits brought solely to extract settlements." In re Rockefeller Ctr. Props., Inc., 311 F.3d at 215 (quoting In re Burlington Coat Factory Sec. Litig., 114 F.3d at 1418). "Rule 9(b) requires a plaintiff to plead (1) a specific false representation of material fact; (2) knowledge by the pe
Entities connected to both Shapiro and Burlington Coat Factory Sec

Jeffrey Epstein
PERSON
George W. Bush
PERSON
Michael Jackson
PERSONMaria Farmer
PERSONthe Southern District
LOCATION
the United States District Court
ORGANIZATION
U.S. Virgin Islands
LOCATIONRockefeller Ctr
ORGANIZATIONUJB Fin. Corp.
ORGANIZATIONDavison
PERSONthe AIG Investment
ORGANIZATIONDayle Davison
PERSON
Citibank
ORGANIZATION
Financial Trust Company
ORGANIZATIONMaria Tankenson Hodge
PERSONGregory H. Hodges
PERSONCitigroup, Inc.
ORGANIZATIONTopper
LOCATIONMass Mutual
ORGANIZATIONthe Mass Mutual Fund
ORGANIZATION