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CITY OF ANN ARBOR v. CITIGROUP MORTG. LOAN TRUST

No. CV 08-1418.

703 F.Supp.2d 253 (2010)

CITY OF ANN ARBOR EMPLOYEES' RETIREMENT SYSTEM, Individually and on behalf of all others similarly situated, Plaintiffs, v. CITIGROUP MORTGAGE LOAN TRUST INC., et al., Defendants.

United States District Court, E.D. New York.

April 6, 2010.

Attorney(s) appearing for the Case

Coughlin Stoia Geller Rudman Robbins LLP, by: David A. Rosenfeld, Esq., Melville, NY, for Plaintiffs.

Cleary Gottleib Steen & Hamilton LLP, by: Lawrence Friedman, Esq., New York, NY, for Defendants.

[703 F.Supp.2d 254]

MEMORANDUM AND ORDER

WEXLER, District Judge.

This is a class action alleging violation of Sections 11, 12(a) (2) and 15 of the Securities Act of 1933. The action was commenced in the Supreme Court of the State of New York and was thereafter removed to this court. Presently before the court is Defendants' motion, pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure, to dismiss. The motion...

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