Emjayco v. Morgan Stanley & Co., Inc.

OPINION

RICHARD MILLS, District Judge: Venue.

Keep it, or transfer?

Alas, we must transfer to our sister court in New York.

I. BACKGROUND

This case involves a dispute between investors, an investment manager, and a brokerage house. During the 1980s, the Plaintiffs, primarily physicians, office profit sharing plans, and pension trusts, invested in two partnerships, which in turn invested in Delta Capital Management, a limited partnership. Plaintiffs allege that although Delta held itself out as fundamentally conservative, it, unbeknownst to its investors, shifted from a conservative investment…