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NORTHSTAR FINANCIAL ADVISORS v. SCHWAB INVESTMENTS

No. C 08-4119 SI.

609 F.Supp.2d 938 (2009)

NORTHSTAR FINANCIAL ADVISORS, INC., Plaintiff, v. SCHWAB INVESTMENTS, et al., Defendants.

United States District Court, N.D. California.

February 19, 2009.

Attorney(s) appearing for the Case

Christopher T. Heffelfinger, James Christopher Magid, Lesley Ann Hale, Berman Devalerio, San Francisco, CA, Marc J. Gross, Greenbaum Rowe Smith & Davis LLP, Roseland, NJ, Bryan D. Plocker, Greenbaum Rowe Smith & Davis LLP, Iselin, NJ, Robert C. Finkel, Wolf Popper LLP, New York, NY, for Plaintiff.

Darryl Paul Rains, Morrison & Foerster LLP, Palo Alto, CA, for Defendants.

ORDER GRANTING IN PART AND DENYING IN PART MOTION TO DISMISS WITH LEAVE TO AMEND

SUSAN ILLSTON, District Judge.

On January 23, 2009, the Court heard argument on defendants' motion to dismiss the complaint. For the reasons stated below, the Court GRANTS IN PART AND DENIES IN PART the motion and GRANTS leave to amend.

BACKGROUND

Plaintiff Northstar Financial Advisors, Inc. ("Northstar") filed this class action lawsuit on behalf of all persons...

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