Legal Opinion
American International Group, Inc. v. Bank of America Corp.
District Court, C.D. California
Decided May 6, 2013No. Case Nos. 2:11-ML-02265-MRP (MANx), 2:11-CV-10549 MRP (MANx)PublishedCited by 1 opinion
1Opinion of the Court
*1040Order Re Motion to Dismiss the Amended Complaint and Motion to Stay Case
MARIANA R. PFAELZER, District Judge.
7. Background
The plaintiffs in this litigation (collectively, “AIG” or “Plaintiffs”) purchased hundreds of residential mortgage-backed securities (“RMBS”) worth tens of billions of dollars between 2005 and 2007. The listed defendants acted as sponsors, sellers and underwriters for 346 of the securities, and as originators and depositors for thousands of the mortgages underlying the RMBS themselves (collectively, all listed defendants are the “Defendants”).
These RMBS were created through…
2Cases cited55 opinions
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- Metzler Investment GMBH v. Corinthian Colleges, Inc.Court of Appeals for the Ninth Circuit · 2008
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3Cited by1 opinion
- In re Bank of America AIG Disclosure Securities LitigationDistrict Court, S.D. New York · 2013