Legal Opinion
Wilbush v. Ambac Financial Group, Inc.
District Court, S.D. New York
Decided September 5, 2017No. 16 Civ. 5076 (RMB)PublishedCited by 9 opinions
1Opinion of the Court
*480DECISION & ORDER
RICHARD M. BERMAN, U.S.D.J.
I. Background
On November 23, 2016, lead plaintiff Ori Wilbush (“Plaintiff’); on behalf of all other similarly situated individuals, filed a 241-page Amended Complaint (“Amended Complaint”) against Ambac Financial Group, Inc. (“the Company” or “Ambac”), Ambac’s President and CEO Nader Tava-koli (“Tavakoli”); Chairman of the Board of Directors Jeffrey S. Stein; CFO David Trick (“Trick”); former President and CEO Diana N. Adams (“Adams”); and former Senior Managing Director and Head of Portfolio and Credit Risk Management Cathy Matante (“Matanle”)…
2Cases cited43 opinions
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- ECA, Local 134 IBEW Joint Pension Trust of Chicago v. JP Morgan Chase Co.Court of Appeals for the Second Circuit · 2009
- Acito v. IMCERA Group, Inc.Court of Appeals for the Second Circuit · 1995
- San Leandro Emergency Medical Group Profit Sharing Plan v. Philip Morris Companies, Inc.Court of Appeals for the Second Circuit · 1996
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3Cited by9 opinions
- Gregory v. Pronai Therapeutics Inc.District Court, S.D. Illinois · 2018
- Gagnon v. Alkermes PLCDistrict Court, S.D. Illinois · 2019
- In re Barrick Gold Corp.District Court, S.D. Illinois · 2018
- Lord Abbett Affiliated Fund, Inc. v. Navient Corp.District Court, D. Delaware · 2019
- Ret. Bd. of the Policemen's Annuity ex rel. Policemen's Annuity v. FXCM Inc.District Court, S.D. Illinois · 2018
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