Legal Opinion

TERRA SECURITIES ASA KONKURSBO v. Citigroup, Inc.

District Court, S.D. New York

Decided February 17, 2010No. 09 Civ. 7058(VM)PublishedCited by 5 opinions

1Opinion of the Court

DECISION AND ORDER

VICTOR MARRERO, District Judge.

Plaintiffs Terra Securities ASA Konkursbo (“Terra”) and seven Norwegian municipalities — Bremanger, Hattfjelldal, Hemnes, Kvinesdal, Narvik, Rana and Vik (the “Municipalities”) (collectively, “Plaintiffs”) filed a complaint in this action, dated August 10, 2009 (the “Complaint”), naming as defendants Citigroup, Inc. (“Citigroup”), Citigroup Global Markets, Inc. (“CGM New York”) and Citigroup Alternative Investments LLC (“CAI”) — (collectively, “Defendants”). Plaintiffs assert securities fraud claims under § 10(b) of the Securities Exchange Act…

2Cases cited34 opinions

  1. Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
  2. Piper Aircraft Co. v. ReynoSupreme Court of the United States · 1982
  3. Natalia Makarova v. United StatesCourt of Appeals for the Second Circuit · 2000
  4. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
  5. Morrison v. National Australia Bank Ltd.Court of Appeals for the Second Circuit · 2008

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3Cited by5 opinions

  1. Everlast World's Boxing Headquarters Corp. v. Ringside, Inc.District Court, S.D. New York · 2013
  2. TERRA SECURITIES ASA KONKURSBO v. Citigroup, Inc.District Court, S.D. New York · 2010
  3. Terra Securities Asa Konkursbo v. Citigroup, Inc.District Court, S.D. New York · 2011
  4. Mucha v. Volkswagen AktiengesellschaftDistrict Court, E.D. New York · 2021
  5. UGX Brands, LLC and Trap Karaoke, LLC v. The City of Norfolk, A Municipal Corporation d/b/a Seven Venues, Global Music Touring, LLC, Antonio Dowe, and Terrance ThortonDistrict Court, S.D. New York · 2026

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