Professional Asset Management, Inc. v. Penn Square Bank, N.A.

ORDER

LEE R. WEST, District Judge.

In addition to its Federal Rule 12(b)(6) challenge to the sufficiency of the complaint, which is addressed in a separate order of this court, the Federal Deposit Insurance Corporation [hereinafter “FDIC”] as receiver of the Penn Square Bank has moved to strike the plaintiff’s claim for punitive damages as to it under Federal Rule 12(f). The plaintiff has responded, both to the FDIC’s initial motion, going to the original complaint, and its supplemental motion, going to the first amended complaint. For the reasons discussed below, the FDIC’s motion is granted.

Th…