Kenosha Unified School District v. Stifel Nicolaus & Co.
District Court, E.D. Wisconsin
1Opinion of the Court
DECISION AND ORDER
RUDOLPH T. RANDA, Chief Judge.
Plaintiffs, a group of local school districts and school officials, sued the defendants, a group of investment banking firms as well as the CFO of one of those firms— James Zemlyak. Plaintiffs seek to recover losses allegedly caused by their investment of “$200 million into three Synthetic CDOs created and marketed by the defendants as a safe and secure method of funding plaintiffs’ ever-increasing ‘Other Post-Employment Benefits’ liabilities, without increasing the burden on school taxpayers.” D. 1-3, Complaint ¶ 25. Plaintiffs allege that…
2Cases cited43 opinions
- Caterpillar Inc. v. WilliamsSupreme Court of the United States · 1987
- Franchise Tax Bd. of Cal. v. Construction Laborers Vacation Trust for Southern Cal.Supreme Court of the United States · 1983
- McNutt v. General Motors Acceptance Corp.Supreme Court of the United States · 1936
- Martin v. Franklin Capital Corp.Supreme Court of the United States · 2005
- Merrell Dow Pharmaceuticals Inc. v. Thompson Ex Rel. ThompsonSupreme Court of the United States · 1986
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