Legal Opinion
Pennsylvania Public School Employees' Retirement System v. Bank of America Corp.
District Court, S.D. New York
Decided July 11, 2012No. 11 Civ. 733 (WHP)PublishedCited by 32 opinions
1Opinion of the Court
MEMORANDUM & ORDER
WILLIAM H. PAULEY III, District Judge.
Lead Plaintiff Pennsylvania Public School Employees’ Retirement System (“Plaintiff’) brings this putative securities class action lawsuit against Bank of America Corporation (“BoA”), current and past officers and directors of BoA, twenty-seven underwriters, and PricewaterhouseCoopers LLP (“PwC”) (collectively, “Defendants”). Defendants move to dismiss the Consolidated Class Action Complaint (“the Complaint”). For the following reasons, Defendants’ motions are granted in part and denied in part.
BACKGROUND
This action concerns allegations…
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