Legal Opinion
AIG Global Securities Lending Corp. v. Banc of America Securities LLC
District Court, S.D. New York
Decided March 31, 2003No. 01 CIV. 11448(JGK)PublishedCited by 16 opinions
1Opinion of the Court
OPINION AND ORDER
KOELTL, District Judge.
This is an action charging securities fraud. The plaintiffs purchased securities in two private offerings of asset-backed securities. The securities were backed by consumer installment contracts entered into by The Heilig-Meyers Furniture Company (“Heilig-Meyers”), a speciality retailer of home furnishings that earned substantial revenues by selling furniture through fixed-term, fixed-payment installment sales contracts. After Heilig-Mey-ers declared bankruptcy, the plaintiffs in this action sued the two firms from which they purchased the securities…
2Cases cited21 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Swierkiewicz v. Sorema N. A.Supreme Court of the United States · 2002
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Gustafson v. Alloyd Co.Supreme Court of the United States · 1995
- Mills v. Polar Molecular Corp.Court of Appeals for the Second Circuit · 1993
16 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- In Re Refco, Inc. Securities LitigationDistrict Court, S.D. New York · 2007
- In Re Marsh & McLennan Companies, Inc. Securities LitigationDistrict Court, S.D. New York · 2006
- In Re Merrill Lynch & Co. Research Reports Securities LitigationDistrict Court, S.D. New York · 2003
- Yung v. LeeCourt of Appeals for the Second Circuit · 2005
- BNP Paribas Mortgage Corp. v. Bank of America, N.A.District Court, S.D. New York · 2013
11 more not listed; retrieve them via the Exa API.