Legal Opinion

Stichting Pensioenfonds ABD v. Countrywide Financial Corp.

District Court, C.D. California

Decided December 29, 2010No. 10-CV-07275 MRP (MANx)PublishedCited by 24 opinions

1Opinion of the Court

ORDER RE: PLAINTIFF’S MOTION TO REMAND THIS ACTION TO CALIFORNIA STATE COURT

MARIANA R. PFAELZER, District Judge.

I. INTRODUCTION & BACKGROUND

This securities action concerns residential mortgage-backed securities (“RMBS”) purchased by Plaintiff Stichting Pensioen-fonds ABP (“Plaintiff’) in fourteen different offerings structured and sold by almost two dozen defendants, nine of which are referred to as the “Countrywide Defendants.” 1 Plaintiff alleges it has been injured by misrepresentations and omissions contained in the offering documents, and alleges violations of §§ 11, 12(a)(2) and 15 of…

2Cases cited15 opinions

  1. Frank D. Gaus v. Miles, Inc., an Indiana CorporationCourt of Appeals for the Ninth Circuit · 1992
  2. In Re Pacor, Inc. v. John Higgins, Jr. And Louise HigginsCourt of Appeals for the Third Circuit · 1984
  3. In re Pegasus Gold Corp.Court of Appeals for the Ninth Circuit · 2005
  4. In Re Resorts International, Inc.Court of Appeals for the Third Circuit · 2004
  5. Boston Regional Medical Center, Inc. v. Reynolds (In Re Boston Regional Medical Center, Inc.)Court of Appeals for the First Circuit · 2005

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3Cited by24 opinions

  1. Bayerische Landesbank v. Deutsche Bank AG (In re Residential Capital, LLC)United States Bankruptcy Court, S.D. New York · 2013
  2. Royal Park Investments SA/NV v. Bank of America Corp.District Court, S.D. New York · 2013
  3. Federal Home Loan Bank v. Banc of America Securities LLCDistrict Court, C.D. California · 2011
  4. Virginia ex rel. Integra Rec LLC v. Countrywide Securities Corp.District Court, E.D. Virginia · 2015
  5. Calvert ex rel. Meridian Investors Trust v. Zions Bancorporation (In re Consolidated Meridian Funds)United States Bankruptcy Court, W.D. Washington · 2013

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