Wells Fargo Bank, N.A. v. Superior Court
California Court of Appeal
1Opinion of the Court
Opinion
SWAGER, J.
In this petition for writ of mandate, Wells Fargo Bank, N.A. (the Bank), challenges an order of the trial court overruling the Bank’s demurrer to the second amended complaint of plaintiffs and real parties in interests Mary L. Richtenburg et al. (plaintiffs). The petition raises the issue of whether the Securities Litigation Uniform Standards Act of 1998 (Pub.L. No. 105-353 (Nov. 3, 1998) 112 Stat. 3227) (SLUSA) precludes plaintiffs’ class action complaint. We conclude that it does. Accordingly, we grant the petition and issue a writ of mandate directing the trial court to…
2Cases cited26 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Merrill Lynch, Pierce, Fenner & Smith Inc. v. DabitSupreme Court of the United States · 2006
- United States v. O'HaganSupreme Court of the United States · 1997
- Securities & Exchange Commission v. ZandfordSupreme Court of the United States · 2002
- United States v. NaftalinSupreme Court of the United States · 1979
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