Legal Opinion

Northstar Financial Advisors, Inc. v. Schwab Investments

District Court, N.D. California

Decided August 8, 2011No. Case 08-CV-04119 LHKPublishedCited by 4 opinions

1Opinion of the Court

ORDER GRANTING DEFENDANTS’ MOTION TO DISMISS

LUCY H. KOH, District Judge.

The Court heard oral argument on defendants’ Motion to Dismiss the Third Amended Complaint (Third MTD) in this matter on August 4, 2011. For the reasons set forth below, the Motion is GRANTED.

I. Introduction and Procedural History

On August 28, 2008, Plaintiff Northstar Financial Advisors, Inc. (Northstar) filed its first complaint in this class action lawsuit on behalf of all persons who owned shares of the Schwab Total Bond Market Fund (the Fund) at any time from August 31, 2007 to the present. Compl. (Dkt. No. 1) ¶ 1.…

2Cases cited23 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. In Re Gilead Sciences Securities LitigationCourt of Appeals for the Ninth Circuit · 2008
  4. Webster Salasker Lucas v. Department of Corrections California Men's Colony-WestCourt of Appeals for the Ninth Circuit · 1995
  5. Sterling Usher v. City of Los Angeles, Richard A. Gonzales, Michael E. Melton, Jose E. Ramirez, Joe Rios, and Robert L. VannCourt of Appeals for the Ninth Circuit · 1987

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3Cited by4 opinions

  1. Northstar Financial Advisors Inc. v. Schwab InvestmentsCourt of Appeals for the Ninth Circuit · 2015
  2. Calvert ex rel. Meridian Investors Trust v. Zions Bancorporation (In re Consolidated Meridian Funds)United States Bankruptcy Court, W.D. Washington · 2013
  3. Northstar Financial Advisors Inc. v. Schwab InvestmentsCourt of Appeals for the Ninth Circuit · 2015
  4. Northstar Financial Advisors v. Schwab InvestmentsCourt of Appeals for the Ninth Circuit · 2015

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