Kottler v. Deutsche Bank AG

OPINION & ORDER

PAUL A. CROTTY, District Judge:

This case arises from the well-documented sale of illegal tax shelters by the accounting firm KPMG and the law firm Brown & Wood in the late 1990s and early 2000s. Plaintiffs used the tax shelters and have sued and recovered moneys from KPMG and Brown & Wood. They now sue two banks and an investment advisor who are alleged to have participated and assisted in the formation, promotion, and execution of these failed tax shelters.

Plaintiffs Mark Kottler, Karen S. Long, and Robert E. Long (“Plaintiffs”) sue on behalf of themselves and Class Members…