Ning Yu v. State Street Corp.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
RICHARD J. HOLWELL, District Judge:
This is a putative securities class action asserting claims under Sections 11, 12(a)(2), and 15 of the Securities Act of 1933. The action is part of a web of multidistrict litigation over losses at mutual funds managed by State Street Corporation (“State Street”) flowing from investments in mortgage-related securities. See In re State Street Bank and Trust Co., 07 Civ. 8488(RJH), 2009 WL 3458705 (S.D.N.Y. Oct. 28, 2009); In re State Street Bank and Trust Co., 579 F.Supp.2d 512 (S.D.N.Y.2008). Plaintiffs in this action allege that…
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