Legal Opinion

In Re Countrywide Financial Corp. Derivative Litigation

District Court, C.D. California

Decided May 14, 2008No. Lead Case CV-07-06923-MRP (MANx)PublishedCited by 28 opinions

1Opinion of the Court

ORDER (1) GRANTING IN PART AND DENYING IN PART NOMINAL DEFENDANT COUNTRYWIDE’S MOTION TO DISMISS; (2) GRANTING IN PART AND DENYING IN PART INDIVIDUAL DEFENDANTS’ MOTION TO DISMISS; AND (3) GRANTING DEFENDANT DOUGHERTY’S MOTION TO DISMISS.

MARIANA R. PFAELZER, District Judge.

Before the Court are several motions to dismiss Plaintiffs’ 1 derivative claims in In re Countrywide Financial Corp. Derivative Litigation (“Arkansas Teachers”). Nominal Defendant Countrywide Financial Corporation (“Countrywide” or “Company”) moves to dismiss on the grounds that Plaintiffs’ have not made pre-suit demand or…

2Cases cited40 opinions

  1. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
  4. Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
  5. Aronson v. LewisSupreme Court of Delaware · 1984

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3Cited by28 opinions

  1. Stichting Pensioenfonds ABP v. Wachovia Corp.District Court, S.D. New York · 2011
  2. Stichting Pensioenfonds ABP v. Countrywide Financial Corp.District Court, C.D. California · 2011
  3. Freudenberg v. E Trade Financial Corp.District Court, S.D. New York · 2010
  4. In Re Countrywide Financial Corporation Securities LitigationDistrict Court, C.D. California · 2008
  5. In re Gentiva Securities LitigationDistrict Court, E.D. New York · 2013

23 more not listed; retrieve them via the Exa API.

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