Abu Dhabi Commercial Bank v. Morgan Stanley & Co.

OPINION AND ORDER

SHIRA A. SCHEINDLIN, District Judge.

I. INTRODUCTION

Defendants challenge this Court’s subject matter jurisdiction under 28 U.S.C. § 13321 on the ground that joinder of the Commonwealth of Pennsylvania Public School Employees’ Retirement System *160(“PSERS”) and the State Board of Administration of Florida (“FSBA”) destroys diversity jurisdiction because PSERS and FSBA are arms of their respective States, and not citizens of any state.2 Plaintiffs argue that the Court has supplemental jurisdiction over the claims of non-diverse parties joined under Federal Rule of Civil Procedure…