Legal Opinion
National Credit Union Administration Board v. RBS Securities Inc.
District Court, S.D. New York
Decided June 15, 2015No. 13cv6726 (DLC)PublishedCited by 2 opinions
1Opinion of the Court
OPINION & ORDER
DENISE COTE, District Judge.
On February 20, 2015, defendants RBS Securities Inc. and RBS Acceptance Inc. (collectively “RBS”) moved pursuant to Fed.R.Civ.P. 12(c) to dismiss the claims brought under Section 12(G) of the Illinois Securities Law of 1953, 815 Ill. Comp. Stat. 5/12(G) (“Illinois Blué Sky Law”)» by plaintiff National Credit Union Administration Board (“NCUA”) for failure to plead the element of reliance. For the following reasons, the motion, which was fully submitted on March. 13, is denied.
BACKGROUND
Before addressing the legal issues raised by the Rule 12(c)…
2Cases cited27 opinions
- Gustafson v. Alloyd Co.Supreme Court of the United States · 1995
- Fed. Sec. L. Rep. P 93,959 Frank Lanza, Jr. v. Drexel & Co., Theodore J. Kircher and Christie F. VitoloCourt of Appeals for the Second Circuit · 1973
- NECA-IBEW Health & Welfare Fund v. Goldman Sachs & Co.Court of Appeals for the Second Circuit · 2012
- Blue Sky L. Rep. P 71,586, Fed. Sec. L. Rep. P 97,632 Joseph A. Carothers v. W. Thomas RiceCourt of Appeals for the Sixth Circuit · 1980
- Bernard A. Schlifke and Harvey Kallick, D/B/A K & S Investments Co., a Partnership v. Seafirst Corp. And Seattle-First National BankCourt of Appeals for the First Circuit · 1989
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3Cited by2 opinions
- Long Beach Sec. Corp. v. Nat'l Credit Union Admin. Bd.Court of Appeals for the D.C. Circuit · 2018
- Long Beach Securities Corp. v. National Credit Union Administration BoardDistrict Court, District of Columbia · 2018