In Re MBIA, Inc., Securities Litigation
District Court, S.D. New York
1Opinion of the Court
KENNETH M. KARAS, District Judge:
This case arises out of the continuing fall-out from the collapse of the mortgage-backed securities market. Lead Plaintiff, the Teachers’ Retirement System of Oklahoma (“Lead Plaintiff’ or “TRSO”), filed this putative class action on behalf of itself and other similarly situated individuals who purchased shares of Defendant MBIA, Inc., from July 2, 2007 to January 9, 2008 (the “Class Period”). Lead Plaintiff brings this action pursuant to § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) (“§ 10(b)”), and Rule lob-5, 17 C.F.R. § 240.10b-5…
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