Legal Opinion

Fernandez v. UBS AG

District Court, S.D. New York

Decided December 7, 2016No. 15-Cv-2859 (SHS)PublishedCited by 15 opinions

1Opinion of the Court

OPINION & ORDER

SIDNEY H. STEIN, United States District Judge.

Contents

I. Background... 365

A. The Funds... 365

B. The Parties... 365

1. Plaintiffs... 365

2. The UBS Defendants... 366

3. The Popular Defendants... 366

4. The Individual Defendants... 367

C. Alleged Misconduct.. .367

D. This Litigation... 369

II. Standard of Review.. .369

III. The Court’s Jurisdiction... 370

A. Plaintiffs Have Standing to Bring Claims on Behalf of Absent Class Members. ...371

B. SLUSA Does Not Preclude Plaintiffs’ Claims Because Any Alleged Misrepresentations Are Not in Connection with the Sale or Purchase of Covered…

2Cases cited46 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  4. Natalia Makarova v. United StatesCourt of Appeals for the Second Circuit · 2000
  5. DaimlerChrysler Corp. v. CunoSupreme Court of the United States · 2006

41 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. Sonterra Capital Master Fund Ltd. v. Credit Suisse Group AGDistrict Court, S.D. New York · 2017
  2. Ubs Fin. Servs., Inc. of Puerto Rico v. XL Specialty Ins. Co.Court of Appeals for the First Circuit · 2019
  3. UBS Fin. Servs. Inc. of P.R. v. XL Specialty Ins. Co.United States District Court · 2018
  4. 683 Capital Partners, LP v. The Republic of ArgentinaDistrict Court, S.D. New York · 2021
  5. ACP Master, Ltd. v. The Republic of ArgentinaDistrict Court, S.D. New York · 2021

10 more not listed; retrieve them via the Exa API.

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