In Re Enron Corp. Securities, Derivative & Erisa Lit.
District Court, S.D. Texas
1Opinion of the Court
OPINION AND ORDER OF DISMISSAL
MELINDA HARMON, District Judge.
The above referenced action, H-03-1276, alleges that a Defendant Deutsche Bank Securities, Inc. (“Deutsche Bank” or “the bank”) 1 fraudulently induced Plaintiffs Westboro Properties LLC and Stonehurst Capital, Inc. in 1999 and 2000 to purchase beneficial ownership interests (“Osprey Certificates”) in the Osprey Trust, a special purpose entity (“SPE”) allegedly secured by worthless or nearly worthless assets purchased from Enron Corporation purportedly through “arms-length” transactions and dumped into Osprey, as part of a larger…
2Cases cited195 opinions
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- Conley v. GibsonSupreme Court of the United States · 1957
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- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
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