Legal Opinion
Allstate Insurance v. Countrywide Financial Corp.
District Court, C.D. California
Decided February 2, 2012No. Case No. 2:11-CV-05236-MRP (MANx)PublishedCited by 10 opinions
1Opinion of the Court
ORDER RE BANK OF AMERICA DEFENDANTS’ MOTION TO DISMISS THE AMENDED COMPLAINT
MARIANA R. PFAELZER, District Judge.
I. INTRODUCTION & BACKGROUND
This securities action concerns residential mortgage-backed securities (“RMBS”) purchased by Allstate Insurance Company, Allstate Life Insurance Company, Allstate Life Insurance Company of New York, and American Heritage Life Insurance Company (collectively “Allstate” or “Plaintiffs”) in multiple offerings structured and sold by several of the defendants. Generally, Allstate alleges that Countrywide Financial Corporation (“CFC” or “Countrywide”), three of…
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3Cited by10 opinions
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