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REPUBLIC BANK & TRUST CO. v. BEAR, STEARNS & CO.

Civil Action No. 3:09-CV-287-S.

707 F.Supp.2d 702 (2010)

REPUBLIC BANK & TRUST COMPANY, Plaintiff, v. BEAR, STEARNS & CO., INC., et al., Defendants.

United States District Court, W.D. Kentucky, at Louisville.

April 13, 2010.

Attorney(s) appearing for the Case

Laurence John Zielke, Lester I. Adams, Jr., The Zielke Law Firm, Louisville, KY, for Plaintiff.

Andrea Likwornik Weiss, Howard B. Levi, Levi Lubarsky & Feigenbaum LLP, New York, NY, Dustin E. Meek, Jonathan T. Salomon, Tachau Meek PLC, Louisville, KY, for Defendants.

MEMORANDUM OPINION

CHARLES R. SIMPSON III, District Judge.

In 2003 and 2006, Republic Bank & Trust Company bought from Bear Stearns several securities that it now recognizes to be, in the parlance of our times, "toxic assets." Republic admits to not reading the relevant prospectuses prior to its purchases, but it has nevertheless sued Bear Stearns, its parent companies, and an employee for...

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