Legal Opinion
In Re National Mortgage Equity Corp. Mortgage Pool Certificates Securities Litigation
District Court, C.D. California
Decided June 12, 1989No. MDL 647 AWTPublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM DECISION RE “SECURITIES”
TASHIMA, District Judge.
BACKGROUND
In January 1989, the Court heard and ruled on numerous motions for summary judgment in these multidistrict cases. Included in those motions were motions by defendants National Mortgage Equity Corporation (“NMEC”), David A. Feldman, Lord, Bissell & Brook (“LB & B”), Leslie Michael, Wells Fargo Bank, William Van Zile and The Lomas & Nettleton Company, successor to Advance Mortgage Company (“Advance”) for summary judgment on plaintiffs’ securities-based claims on the ground, inter alia, that the pooled, mortgage-backed…
2Cases cited19 opinions
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Fed. Sec. L. Rep. P 93,748 Securities and Exchange Commission v. Glenn W. Turner Enterprises, Inc.Court of Appeals for the Ninth Circuit · 1973
- Marine Bank v. WeaverSupreme Court of the United States · 1982
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3Cited by1 opinion
- Realtek Industries, Inc. v. Nomura SecuritiesDistrict Court, N.D. Ohio · 1996