Baer v. Abel

ORDER GRANTING FLSIC’S MOTIONS TO DISMISS AND REALIGN AS PLAINTIFF

ROTHSTEIN, District Judge.

THIS MATTER comes before the court on a motion to dismiss and to realign as plaintiff by Federal Savings & Loan Insurance Corporation, as receiver for defendant Westside Federal Savings & Loan Association. Having considered the memoranda, affidavits and exhibits submitted in support of and in opposition to the motion, together with the records and files herein, the court finds and rules as follows:

I. FACTUAL BACKGROUND

Plaintiff shareholders commenced this action against defendant Westside Federal…