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SNOOK v. DEUTSCHE BANK AG

No. Civ.A. H-05-2694.

410 F.Supp.2d 519 (2006)

Garrett SNOOK, Sharon M. Snook, GS Owl Creek Investments LLC, Gstd Partners, Gstd Investors, Inc., Andrew P. Barton, Ann Barton, Apb Sanders Investments LLC, Reeds Investments Partners, Reeds Sanderson Investors, Inc., John Bertsch, Eileen Bertsch, Jrb Reeds Investments LLC, Sanderson Investments Partners, Sanderson Reeds Investors, Inc., David Pease, III, Elizabeth D. Pease, DP Rookwood Investments LLC, Jmp Madison Investments LLC, David H. Pease, Jr., Dhp Fiesta Investments LLC, Antonio P. Bauchsbaum, Richard A. Buchsbaum, Apb Beechtree Investments LLC, AB Twilight Investments LLC, Leonard W. Cavens, Nancy Cavens, LC Deer Path Investments LLC, CB Investment Partners, Fairfield Investment Partners, CB Fairchild Investors Inc., Fairfield Ohio Investors Inc., Richard W. Mann, Donna D. Mann, Rwm High Meadows Investments LLC, Fnrm Partners, and Fnrm Investors, Inc., Plaintiffs, v. DEUTSCHE BANK AG, Deutsche Bank Securities, Inc. d/b/a Deutsche Bank Alex Brown, a division of Deutsche Bank Securities, Inc., David Parse, Sidley Austin Brown & Wood, LLP, R.J. Ruble, Scheef & Stone, LLP, and Grady Dickens, Defendants.

United States District Court, S.D. Texas, Houston Division.

January 17, 2006.

Attorney(s) appearing for the Case

David Ray Deary, Alyssa M. Barreneche, Deary Montogomery et al, Dallas, TX, for Plaintiffs.

F. Michael Stenglein, Dewey Ballantine LLP, Sesha S. Kalapatapu, Boyar & Miller, Houston, TX, Laurie Edelstein, Brune & Richard LLP, San Francisco, CA, Susan Brune, Theresa Trzaskoma, Brune & Richard LLP, New York City, Thomas C. Clark, Jill A. Malouf, Dealey Zimmermann et al., Dallas, TX, for Defendants.

MEMORANDUM AND ORDER

WERLEIN, District Judge.

Pending is Plaintiffs' Motion to Remand (Document No. 17). After having carefully reviewed the motion, response, reply, supplemental reply, and the applicable law, the Court concludes that the motion to remand should be GRANTED.

I. Background

This action was filed by numerous plaintiffs and their affiliated investment entities in state court on June 17, 2005. Plaintiffs are individuals...

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