Terra Securities Asa Konkursbo v. Citigroup, Inc.
District Court, S.D. New York
1Opinion of the Court
DECISION AND ORDER
VICTOR MARRERO, District Judge.
Plaintiffs Akershus Fylkeskommunale Pensjonskasse (“Akershus”) and Langen Invest AS (“Langen,” and together with Akershus, “Plaintiffs”) filed an amended complaint in this consolidated action on March 2, 2011 (the “Akershus Complaint”) naming as defendants Citigroup Global Markets, Inc. and Citigroup Alternative Investments LLC (together, “Citigroup” or “Defendants”). Plaintiffs allege common law fraud and negligent misrepresentation claims.
The Akershus Complaint contains factual allegations and claims that are nearly identical to the common…
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