Stichting Pensioenfonds ABP v. Countrywide Financial Corp.

ORDER RE MOTIONS TO DISMISS PLAINTIFF’S FIRST AMENDED COMPLAINT

MARIANA R. PFAELZER, District Judge.

I. INTRODUCTION & BACKGROUND

This securities action concerns residential mortgage-backed securities (“RMBS”) purchased by Plaintiff Stichting Pensioenfonds ABP (“Plaintiff’) in fifteen different offerings structured and sold by almost two dozen defendants. The various defendants are referred to as the Countrywide *1129Defendants,1 the Individual Defendants,2 the Underwriter Defendants,3 and the Bank of America Defendants.4 Plaintiff filed its original complaint (the “Original Complaint”) in Los…