Legal Opinion
Financial Trust Co., Inc. v. CITIBANK, NA
District Court, Virgin Islands
Decided December 30, 2004No. CIV.2002-108PublishedCited by 9 opinions
1Opinion of the Court
MEMORANDUM OPINION
(December 30, 2004)
Defendants have moved to dismiss the second amended complaint for failure to meet Federal Rule of Civil Procedure 9(b)’s heightened pleading requirement for fraud and for failure to state a claim upon which relief can be granted pursuant to Federal Rule of Civil Procedure 12(b)(6).
I. Factual and Procedural History
In their second amended complaint, Jeffrey E. Epstein and Financial Trust Company, Inc. [“FTC”] allege that Citibank, N.A. and Citigroup, Inc. [collectively “Citibank”] misrepresented facts and fraudulently induced them to borrow $10 million to…
2Cases cited8 opinions
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- In Re: Rockefeller Center Properties, Inc. Securities Litigation, Charal Investment Company Inc., a New Jersey Corporation C.W. Sommer & Co., a Texas Partnership, on Behalf of Themselves and All Others Similarly Situated Alan Freed Jerry Crance Helen Scozzanich Sheldon P. Langendorf Rita Walfield Robert Flashman Renee B. Fisher Foundation Inc. Frank Debora Wilson White Stanley Lloyd Kaufman, Jr. Joseph Gross v. David Rockefeller Goldman Sachs Mortgage Co. Goldman Sachs Group Lp Goldman Sachs & Co. Whitehall Street Real Estate Limited Partnership v. Wh Advisors Inc. v. Wh Advisors Lp v. Daniel M. Neidich Peter D. Linneman Richard M. Scarlata Frank Debora Wilson White Stanley Lloyd Kaufman, Jr. Joseph Gross, Charal Investment Company Inc., a New Jersey Corporation C.W. Sommer & Co., a Texas Partnership, on Behalf of Themselves and All Others Similarly Situated Alan Freed Jerry Crance Helen Scozzanich Sheldon P. Langendorf Rita Walfield Robert Flashman Renee B. Fisher Foundation Inc. Frank Debora Wilson White Stanley Lloyd Kaufman, Jr. Joseph Gross v. David Rockefeller Goldman Sachs Mortgage Co. Goldman Sachs Group Lp Goldman Sachs & Co. Whitehall Street Real Estate Limited Partnership v. Wh Advisors Inc. v. Wh Advisors Lp v. Daniel M. Neidich Peter D. Linneman Richard M. Scarlata Charal Investment Company Inc. C.W. Sommer & Co. Renee B. Fisher Foundation Helen Scozzanich Jerry Crance Alan Freed Sheldon P. Langendorf Rita Walfield Robert FlashmanCourt of Appeals for the Third Circuit · 2002
- Jose Rolo v. City Investing Company Liquidating TrustCourt of Appeals for the First Circuit · 1998
- Ernest P. Kline v. First Western Government Securities, Inc.Court of Appeals for the First Circuit · 1994
- Board of Trustees of Teamsters Local 863 Pension Fund v. Foodtown, Inc.Court of Appeals for the Third Circuit · 2002
3 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Fitz v. Islands Mechanical Contractor, Inc.District Court, Virgin Islands · 2010
- Olive ex rel. People v. DejonghSuperior Court of The Virgin Islands · 2012
- COHEN v. SUBARU CORPORATIONDistrict Court, D. New Jersey · 2022
- Dukes v. Ditech Financial, LLC f/k/a Green Tree Servicing, LLCDistrict Court, Virgin Islands · 2022
- Erbey Holding Corporation John R. Erbey Family Limited Partnership v. Blackrock Financial Management, Inc.Superior Court of The Virgin Islands · 2023
4 more not listed; retrieve them via the Exa API.