Legal Opinion
TERRA SECURITIES ASA KONKURSBO v. Citigroup, Inc.
District Court, S.D. New York
Decided August 16, 2010No. 09 Civ. 7058 (VM)PublishedCited by 14 opinions
1Opinion of the Court
DECISION AND ORDER
VICTOR MARRERO, District Judge.
Plaintiffs Terra Securities ASA Konkursbo (“Terra”) and seven Norwegian municipalities — Bremanger, Hattfj elldal, Hemnes, Kvinesdal, Narvik, Rana and Vik (the “Municipalities”) — filed an amended complaint in this action, dated March 15, 2010 (the “Terra Complaint”), naming as defendants Citigroup, Inc., Citigroup Global Markets, Inc., Citigroup Alternative In vestments LLC, and Citigroup Financial Products, Inc. (collectively, “Defendants”). Terra and the Municipalities assert securities fraud claims under § 10(b) of the Securities Exchange…
2Cases cited35 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
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- Foman v. DavisSupreme Court of the United States · 1962
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Morrison v. National Australia Bank Ltd.Supreme Court of the United States · 2010
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3Cited by14 opinions
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- Terra Securities Asa Konkursbo v. Citigroup, Inc.District Court, S.D. New York · 2011
- Terra Securities Asa Konkursbo v. Citigroup, Inc.District Court, S.D. New York · 2011
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