100,000 Victim Families Note Holders Owners of Securities in Towers Financial Corp. v. Schulte Roth & Zable

DECISION AND ORDER

BERMAN, District Judge.

I. Background

Plaintiff Steven J. Hoffenberg (“Plaintiff’), a pro se litigant, sues Messrs. Schulte Roth & Zabel (“Defendant”), counsel to LaSalle National Bank, et al., seeking $200,000,000.00 in damages alleging, among other things, that “[Defendant] had [no] legal right to settle the Shawmut D[ & ]P lawsuit in 1997 hurting TFC [Towers Financial Corporation] stock and note holders[.]” (Amended Compl. at ¶ 71.) 1 According to Plaintiff, by helping to settle the 1993 action entitled LaSalle National Bank, et al. v. Duff & Phelps Credit Rating Co. and…