Bear Stearns Security Corp. v. 900 Capital Services, Inc.

MEMORANDUM & ORDER

GARAUFIS, District Judge.

Now before the court is a motion to dismiss brought jointly by defendants 900 Capital Services, Inc. and Zimmerman, Axelrad, Meyer, Stern & Wise, P.C. (“900 Capital” and “Zimmerman Axelrad” respectively, together the “Moving Defendants”) in this statutory interpleader action brought by plaintiff Bear Stearns Security Corp. (“Bear Stearns”) pursuant to 28 U.S.C. § 1335.

I. Background

The following facts are taken from the complaint and moving papers, and are undisputed unless otherwise noted.

Bear Stearns brought this statutory in-terpleader to resolve…