With no explanation, chose the best option from "A", "B", "C" or "D". (1985); accord, Calvin Klein Cosmetics Corp. v. Lenox Labs., Inc., 815 F.2d 500, 503 (8th Cir.1987); Competitive Enters. Inst. v. United States Dep’t of Agric., 954 F.Supp. 265, 269-70 (D.D.C.1996); Herrera v. Riley, 886 F.Supp. 45, 48 (D.D.C.1995). Nevertheless, if the appellees’ claims are barred by law, we must reach the merits of the decision at this point. See Zirkle, supra, 830 A.2d at 1256 n. 5. “A constructive trust arises where a person who holds title to property is subject to an equitable duty to convey it to another on the ground that he would be unjustly enriched if permitted to retain it.” Dennis v. Edward ]o rigid rule, such as a specific statute of limitations, controls in a case where fraud is an issue”); Chiswell v. Johnston, 55 App. D.C. 3, 7, 299 F. 681, 688 (1924) (<HOLDING>). These cases stand primarily for the

A: holding that a plaintiff cannot avoid the securities fraud exception by pleading mail fraud or wire fraud if the conduct giving rise to those offenses also amounts to securities fraud
B: holding that fraud creates an exception to the rule
C: recognizing the rule and the exception but holding facts did not support claim to exception
D: recognizing exception
B.