Legal Opinion

Katz v. Pershing, LLC

District Court, D. Massachusetts

Decided August 23, 2011No. Civil Action No. 10-12227-RGSPublishedCited by 18 opinions

1Opinion of the Court

MEMORANDUM AND ORDER ON DEFENDANT’S MOTION TO DISMISS

STEARNS, District Judge.

BACKGROUND

Plaintiff Brenda Katz owns an account at National Planning Corporation (NPC), an “introducing firm” for which defendant Pershing, LLC (Pershing), provides brokerage clearing services executed on a proprietary software platform called NetExchange Pro. The platform allows brokerage firms and customers (currently over 5,000,000 in number) to access account information, stock quotes, and research tools over the Internet.1 Katz alleges that up to 100,000 users (including key Pershing employees) have 24-hour…

2Cases cited28 opinions

  1. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  2. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  3. Maio v. Aetna, Inc.Court of Appeals for the Third Circuit · 2000
  4. Harold H. Huggins Realty, Inc. v. FNC, INC.Court of Appeals for the Fifth Circuit · 2011
  5. McCarthy v. AzureCourt of Appeals for the First Circuit · 1994

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3Cited by18 opinions

  1. Katz v. Pershing, LLCCourt of Appeals for the First Circuit · 2012
  2. In re JPMorgan Chase Mortgage Modification LitigationDistrict Court, D. Massachusetts · 2012
  3. Oum v. Wells Fargo, N.A.District Court, D. Massachusetts · 2012
  4. Tyler v. Michaels Stores, Inc.District Court, D. Massachusetts · 2012
  5. Ross v. Deutsche Bank National Trust Co.District Court, D. Massachusetts · 2013

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