Legal Opinion

King County, Wash. v. IKB DEUTSCHE INDUSTRIEBANK AG

District Court, S.D. New York

Decided April 26, 2010No. 09 Civ. 8387(SAS), 09 Civ. 8822(SAS)PublishedCited by 13 opinions

1Opinion of the Court

OPINION AND ORDER

SHIRAA. SCHEINDLIN, District Judge.

I. INTRODUCTION

Two institutional investors, King County, Washington and Iowa Student Loan Liquidity Corporation (“ISL”), bring these putative class actions for common law fraud in connection with the collapse of Rhinebridge, a structured investment vehicle (“SIV”). Plaintiffs sue six corporate entities and two individuals: IKB Deutsche Industriebank AG and IKB Credit Asset Management, GmbH (together, “IKB”); The McGraw Hill Companies, Inc. d/b/a Standard & Poor’s Rating Services (“S & P”); Moody’s Investors Service, Inc. and Moody’s…

2Cases cited41 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  4. Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
  5. ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007

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3Cited by13 opinions

  1. Loreley Financing (Jersey) No. 3 Ltd. v. Wells Fargo Securities, LLCCourt of Appeals for the Second Circuit · 2015
  2. Carpenters Pension Trust Fund of St. Louis v. PLCCourt of Appeals for the Second Circuit · 2014
  3. In re Bioscrip, Inc. Securities LitigationDistrict Court, S.D. New York · 2015
  4. In re Sadia, S.A. Securities LitigationDistrict Court, S.D. New York · 2010
  5. Dodona I, LLC v. Goldman, Sachs & Co.District Court, S.D. New York · 2012

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